™Your Policy Risk Impact Agent
323 chapters · 4,465 sections in this title.
Ind. Code § 6-1.1-21.5-1 "Qualified taxing unit"
0.6K chars
Sec. 1. As used in this chapter, "qualified taxing unit" means each of the following: (1) A city having a population of more than twenty-six thousand (26,000) and less than twenty-eight thousand (28,000). (2) The sanitary district of a city described in subdivision (1). (3) The l…
Ind. Code § 6-1.1-21.5-2 "Board"
0.1K chars
Sec. 2. As used in this chapter, "board" refers to the state board of finance. As added by P.L.380-1987(ss), SEC.5.
Ind. Code § 6-1.1-21.5-3 Loan application; prerequisites to grant of loan
0.8K chars
Sec. 3. Before January 1, 2002, a qualified taxing unit may apply to the board for a loan from the counter-cyclical revenue and economic stabilization fund. The board may make a loan from the fund to the taxing unit if: (1) a taxpayer with tangible property subject to taxation by…
Ind. Code § 6-1.1-21.5-4 Maximum amount of loan
0.6K chars
Sec. 4. The maximum amount that the board may loan to a qualified taxing unit under this chapter is set forth in the following table: MAXIMUM TYPE OF TAXING UNIT LOAN City $ 5,500,000 Sanitary District $ 1,900,000 Library District $ 800,000 School Corporation $ 8,000,000 As added…