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IN SB0021
Bill
Status
1/7/2013
Primary Sponsor
Dennis Kruse
Click for details
AI Summary
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Amends IC 36-9-4-13 to clarify that when a municipality annexes or disannexes territory, the boundaries of a public transportation corporation's taxing district automatically change to remain coterminous with the municipality's new boundaries.
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Specifies that the maximum permissible property tax levy of the public transportation corporation increases when municipal annexation occurs, without requiring an appeal filing under IC 6-1.1-18.5-12.
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Applies the Step Three levy determination process automatically upon boundary changes resulting from municipal annexation or disannexation.
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Effective upon passage and declares an emergency for the act.
Legislative Description
Public transportation corporation tax levies.
Last Action
First reading: referred to Committee on Tax and Fiscal Policy
1/7/2013