Sec. 1. (a) This chapter does not apply to a township: (1) located in a county having a consolidated city; or (2) that, not later than June 30, 2027, has begun to consolidate with another: (A) township under IC 36-6-1.5; or (B) unit under IC 36-1.5-4. (b) This chapter applies only to a designated township that satisfies all of the following criteria: (1) At least eighty percent (80%) of the township's boundaries coincide with a municipality's boundaries. (2) At least fifty-one percent (51%) of the township's population, as determined by the most recent federal decennial census, resides within the corporate boundaries of a municipality described in subdivision (1). As added by P.L.134-2026, SEC.3.