IC 6-1.1-18.5-21 : Civil taxing unit's determination that levy limits do not apply to taxes to repay certain rainy day fund loans

Sec. 21. A civil taxing unit may determine that the ad valorem property tax levy limits imposed by section 3 of this chapter do not apply to all or part of the ad valorem property taxes imposed to repay a loan under either or both of the following:

(1) IC 6-1.1-21.3.

(2) IC 6-1.1-21.9.

As added by P.L.114-2006, SEC.1. Amended by P.L.182-2009(ss), SEC.138.