Section 6-3.6-6-2.7 - Tax rate for correctional and rehabilitation facilities; adoption of ordinance by county fiscal body; distribution of revenue; use of tax revenue for operating expenses(a) A county fiscal body may adopt an ordinance to impose a tax rate for correctional facilities and rehabilitation facilities in the county. The tax rate must be in increments of:(1) in the case of a county with bonds or lease agreements outstanding on July 1, 2023, for which a pledge of tax revenue from revenue received under a tax rate imposed under this section is made, one-hundredth of one percent (0.01%) and may not exceed three-tenths of one percent (0.3%); and(2) in the case of a county with no bonds or lease agreements outstanding on July 1, 2023, for which a pledge of tax revenue from revenue received under a tax rate imposed under this section is made, one-hundredth of one percent (0.01%) and may not exceed two-tenths of one percent (0.2%).(b) The tax rate imposed under this section may not be in effect for more than: (1) twenty-two (22) years, in the case of a tax rate imposed in an ordinance adopted before January 1, 2019; or(2) twenty-five (25) years, in the case of a tax rate imposed in an ordinance adopted on or after January 1, 2019.(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 by the county only for paying for correctional facilities and rehabilitation facilities in the county.(d) If a county fiscal body imposes a tax rate:(1) under subsection (a)(1) or (a)(2) in an increment that does not exceed two-tenths of one percent (0.2%), one hundred percent (100%) of the revenue collected from the total tax rate; or(2) under subsection (a)(1) in an increment that exceeds two-tenths of one percent (0.2%): (A) one hundred percent (100%) of the revenue collected from that portion of the total tax rate that does not exceed an increment of two-tenths of one percent (0.2%); and(B) no revenue collected from that portion of the total tax rate that exceeds an increment of two-tenths of one percent (0.2%); may be used for operating expenses for correctional facilities and rehabilitation facilities in the county.
Amended by P.L. 137-2024,SEC. 8, eff. 7/1/2023.Amended by P.L. 236-2023,SEC. 79, eff. 7/1/2023.Amended by P.L. 137-2022,SEC. 53, eff. 7/1/2022.Amended by P.L. 257-2019,SEC. 70, eff. 7/1/2019.Added by P.L. 184-2018,SEC. 2, eff. 3/21/2018.