™Your Policy Risk Impact Agent
323 chapters · 4,465 sections in this title.
Ind. Code § 6-1.1-21.3-1 "Board", "qualified taxing unit", and "qualifying taxpayer"
1.0K chars
Sec. 1. (a) As used in this chapter, "board" refers to the state board of finance. (b) As used in this chapter, "qualified taxing unit" means a taxing unit: (1) in which a qualifying taxpayer has tangible property subject to taxation; and (2) that has experienced or is expected t…
Ind. Code § 6-1.1-21.3-2 Qualifying taxing unit may apply to board for loan
0.2K chars
Sec. 2. A qualified taxing unit may apply to the board for one (1) or more loans from the counter-cyclical revenue and economic stabilization fund. As added by P.L.182-2009(ss), SEC.156.
Ind. Code § 6-1.1-21.3-3 Determination of terms of loan by board; loan conditions; disbursement of installments by board; loan repayment; obligation to repay not basis for excessive tax levy; deposit by board of loan payments received
2.1K chars
Sec. 3. (a) The board, after review by the budget committee, shall determine the terms of a loan made under this chapter, subject to the following: (1) The loan must be repaid not later than ten (10) years after the date on which the loan is made. (2) The terms of the loan must a…
Ind. Code § 6-1.1-21.3-4 Certain amounts not considered for determination of levy excess; use of delinquent tax and effect on remaining loan balance; use of loan proceeds
1.9K chars
Sec. 4. (a) As used in this section, "delinquent tax" means any tax not paid during the calendar year in which the tax was first due and payable. (b) Except as provided in subsection (c), the following are not considered to be part of the ad valorem property tax levy actually col…