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IN SB0311
Bill
Status
1/7/2016
Primary Sponsor
Rick Niemeyer
Click for details
AI Summary
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Expands eligibility for public safety local income tax (LIT) distributions to include townships and other civil taxing units that operate or contract with fire departments, volunteer fire departments, or emergency medical services providers, beyond the current county and municipality recipients.
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Requires that any LIT distributions allocated to townships under public safety purposes shall be deposited into the township's cumulative building and equipment fund as described in IC 36-8-14.
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Eliminates the discretionary distribution provision that previously allowed fire departments, volunteer fire departments, and emergency medical services providers in unincorporated areas to apply for and receive tax revenue distributions.
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Modifies the distribution calculation formula to reference "eligible taxing units" instead of limiting recipients to counties and municipalities, with allocations based on proportional property tax amounts or attributed allocation amounts depending on when the county initially imposed its public safety tax rate.
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Effective July 1, 2016.
Legislative Description
Distributions of public safety income tax revenue. Provides for distributions of public safety local income tax (LIT) revenue to townships and other taxing units of an adopting county that operate or contract with a fire department, a volunteer fire department, or an emergency medical services provider. Provides that distributions to a township shall be deposited in the township's cumulative building and equipment fund. (Under current law, only the county and municipalities are entitled to such a distribution.) Eliminates a provision in current law that allows fire departments, volunteer fire departments, and emergency medical services providers in unincorporated areas of an
Last Action
Senator Ford added as second author
1/11/2016