IC 6-1.1-17-17 — Increase in tax rate and levy by department of local government finance
Chapter 17. Procedures for Fixing and Reviewing Budgets, Tax Rates, and Tax Levies
Bills amending this section
Section text
Sec. 17. Subject to the limitations contained in IC 6-1.1-18.5 and IC 20-46, and notwithstanding section 23 of this chapter, the department of local government finance may at any time increase the tax rate and tax levy of a political subdivision for the following reasons: (1) To pay the principal or interest upon a funding, refunding, or judgment funding obligation of a political subdivision. (2) To pay the interest or principal upon an outstanding obligation of the political subdivision. (3) To pay a judgment rendered against the political subdivision. (4) To pay lease rentals that have become an obligation of the political subdivision under IC 20-47-2 or IC 20-47-3.
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.73-1983, SEC.8; P.L.90-2002, SEC.159; P.L.2-2006, SEC.39; P.L.146-2008, SEC.161; P.L.68-2025, SEC.57.
Source: official publisher (2026 edition)