Sec. 18. (a) This section applies only to Clark County.
(b) Notwithstanding section 5 of this chapter, when determining any allocation amount, except for the economic development revenue allocation, for each taxing unit in the county:
(1) in 2019, one hundred percent (100%) of the increase in the county's maximum permissible tax levy permitted under IC 6-1.1-18.5-13.8 shall be excluded;
(2) in 2020, sixty-six and sixty-seven hundredths percent (66.67%) of the increase in the county's maximum permissible tax levy permitted under IC 6-1.1-18.5-13.8 shall be excluded; and
(3) in 2021, thirty-three and thirty-three hundredths percent (33.33%) of the increase in the county's maximum permissible tax levy permitted under IC 6-1.1-18.5-13.8 shall be excluded.
(c) This section expires June 30, 2022.
As added by P.L.199-2017, SEC.2. Amended by P.L.257-2019, SEC.74.
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