Ind. Code § 6-3.6-6-2.6

Current through P.L. 171-2024
Section 6-3.6-6-2.6 - Tax rate for acute care hospital; adoption of ordinance by county fiscal body; distribution of revenue; use of tax revenue
(a) As used in this section, "acute care hospital" means an acute care hospital that is:
(1) established and operated under IC 16-22-2, IC 16-22-8, or IC 16-23; and
(2) licensed under IC 16-21.
(b) A county fiscal body may adopt an ordinance to impose a tax rate for acute care hospitals located in the county. The tax rate must be in increments of one-hundredth of one percent (0.01%) and may not exceed one-tenth of one percent (0.1%).
(c) The revenue generated by a tax rate imposed under this section must be distributed directly to the county before the remainder of the expenditure rate revenue is distributed. The revenue shall be maintained in a separate dedicated county fund and used only for the operating expenses of the acute care hospital located in the county.

IC 6-3.6-6-2.6

Added by P.L. 137-2024,SEC. 7, eff. 7/1/2024.