IC 6-1.1-41-4 — Submission of proposal to department of local government finance; certification
Chapter 41. Cumulative Fund Tax Levy Procedures
Bills amending this section
Section text
Sec. 4. (a) A political subdivision that in any year adopts a proposal under this chapter must submit the proposal to the department of local government finance: (1) before August 2 of that year, for years before 2018; and (2) before June 1 of that year, for years after 2017. (b) Subject to subsections (c) and (d), the department of local government finance shall certify to the political subdivision during the certification process under IC 6-1.1-17-16 that the proposal has a property tax rate that does not exceed the maximum property tax rate allowed by the applicable statute described in section 1 of this chapter. If the proposal has a property tax rate that exceeds the maximum property tax rate allowed by the applicable statute described in section 1 of this chapter, the department of local government finance shall certify the proposal at a rate equal to the maximum property tax rate allowed by the applicable statute under section 1 of this chapter. (c) The department of local government finance may not decline to certify a proposal under subsection (b) unless the political subdivision fails to submit the proposal before the date described in subsection (a). (d) If a petition is filed pursuant to section 6 of this chapter, the department of local government finance may not certify a proposal under subsection (b) until: (1) a hearing has been conducted under section 7 of this chapter; and (2) a final determination has been made on the petition under section 9 of this chapter. If section 9 of this chapter applies, the department of local government finance may decline to certify the proposal.
As added by P.L.17-1995, SEC.6. Amended by P.L.90-2002, SEC.275; P.L.184-2016, SEC.21; P.L.38-2021, SEC.40; P.L.157-2026, SEC.93.
Source: official publisher (2026 edition)