Loading chat...
IN SB0296
Bill
Status
1/9/2017
Primary Sponsor
Jean Leising
Click for details
AI Summary
-
Applies exclusively to Jennings Township in Fayette County and allows the township executive to petition the department of local government finance for increased property tax levies for 2018.
-
Permits increases to the maximum township unit levy under IC 6-1.1-18.5 and the maximum fire protection and emergency services levy under IC 36-8-13.
-
Limits any increase to the lesser of the amount requested in the petition or the amount needed to bring 2018 levies to what they would have been if maximum permissible levies had been used for the 2004 baseline calculation.
-
Requires the adjusted 2018 maximum levies to serve as the baseline for calculating maximum permissible levies for 2019 and all subsequent years.
-
Expires June 30, 2021 and takes effect July 1, 2017.
Legislative Description
Property tax levies. Provides that Jennings Township in Fayette County may increase its maximum township unit levy and its maximum levy for fire protection and emergency services for 2018. Limits the increase to what each of these levies would be for 2018 if the township had imposed the maximum amount for each of these levies for 2004 and thereafter. Provides that the new maximum levies are used in the calculation of maximum levies for the following years.
Last Action
First reading: referred to Committee on Appropriations
1/9/2017