Ind. Code § 20-46-8-11

Current through P.L. 171-2024
Section 20-46-8-11 - Applicability of chapter to certain school corporations; levy
(a) This chapter does not apply to a qualified school corporation until the expiration of IC 20-45-8 under IC 20-45-8-29(a).
(b) As used in this section, "qualified school corporation" has the meaning set forth in IC 20-45-9-2.
(c) The property tax levy limits imposed by section 1 of this chapter do not apply to property taxes imposed by a qualified school corporation under IC 20-45-9.
(d) For the purpose of computing the maximum permissible operations fund property tax levy imposed on a qualified school corporation by section 1 of this chapter, the qualified school corporation's maximum permissible operations fund levy for a particular year does not include that part of the levy described in subsection (c).

IC 20-46-8-11

Added by P.L. 236-2023,SEC. 155, eff. 7/1/2023.