| 1 | 1 | | |
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| 2 | 2 | | Introduced Version |
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| 3 | 3 | | HOUSE BILL No. 1207 |
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| 4 | 4 | | _____ |
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| 5 | 5 | | DIGEST OF INTRODUCED BILL |
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| 6 | 6 | | Citations Affected: IC 6-1.1-18-35. |
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| 7 | 7 | | Synopsis: Maximum levy determination. Provides that Washington |
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| 8 | 8 | | Township in Decatur County may increase its maximum township |
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| 9 | 9 | | property tax levy for 2025 and thereafter. |
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| 10 | 10 | | Effective: Upon passage. |
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| 11 | 11 | | Meltzer, Zimmerman |
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| 12 | 12 | | January 9, 2024, read first time and referred to Committee on Ways and Means. |
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| 13 | 13 | | 2024 IN 1207—LS 6767/DI 129 Introduced |
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| 14 | 14 | | Second Regular Session of the 123rd General Assembly (2024) |
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| 15 | 15 | | PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana |
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| 16 | 16 | | Constitution) is being amended, the text of the existing provision will appear in this style type, |
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| 17 | 17 | | additions will appear in this style type, and deletions will appear in this style type. |
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| 18 | 18 | | Additions: Whenever a new statutory provision is being enacted (or a new constitutional |
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| 19 | 19 | | provision adopted), the text of the new provision will appear in this style type. Also, the |
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| 20 | 20 | | word NEW will appear in that style type in the introductory clause of each SECTION that adds |
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| 21 | 21 | | a new provision to the Indiana Code or the Indiana Constitution. |
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| 22 | 22 | | Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts |
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| 23 | 23 | | between statutes enacted by the 2023 Regular Session of the General Assembly. |
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| 24 | 24 | | HOUSE BILL No. 1207 |
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| 25 | 25 | | A BILL FOR AN ACT to amend the Indiana Code concerning |
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| 26 | 26 | | taxation. |
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| 27 | 27 | | Be it enacted by the General Assembly of the State of Indiana: |
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| 28 | 28 | | 1 SECTION 1. IC 6-1.1-18-35 IS ADDED TO THE INDIANA CODE |
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| 29 | 29 | | 2 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE |
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| 30 | 30 | | 3 UPON PASSAGE]: Sec. 35. (a) This section applies only to |
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| 31 | 31 | | 4 Washington Township in Decatur County. |
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| 32 | 32 | | 5 (b) The executive of the township may, upon approval by the |
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| 33 | 33 | | 6 township fiscal body, submit a petition to the department of local |
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| 34 | 34 | | 7 government finance for an increase in the township's maximum |
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| 35 | 35 | | 8 permissible ad valorem property tax levy under IC 6-1.1-18.5 for |
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| 36 | 36 | | 9 property taxes first due and payable in 2025. |
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| 37 | 37 | | 10 (c) If the township submits a petition as provided in subsection |
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| 38 | 38 | | 11 (b) before August 1, 2024, the department of local government |
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| 39 | 39 | | 12 finance shall increase the township's maximum permissible ad |
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| 40 | 40 | | 13 valorem property tax levy under IC 6-1.1-18.5 for property taxes |
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| 41 | 41 | | 14 first due and payable in 2025 to eighty-five thousand dollars |
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| 42 | 42 | | 15 ($85,000). |
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| 43 | 43 | | 16 (d) The township's maximum permissible ad valorem property |
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| 44 | 44 | | 17 tax levy under IC 6-1.1-18.5 for property taxes first due and |
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| 45 | 45 | | 2024 IN 1207—LS 6767/DI 129 2 |
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| 46 | 46 | | 1 payable in 2025, as adjusted under this section, shall be used in the |
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| 47 | 47 | | 2 determination of the township's maximum permissible ad valorem |
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| 48 | 48 | | 3 property tax levy under IC 6-1.1-18.5 for property taxes first due |
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| 49 | 49 | | 4 and payable in 2026 and thereafter. |
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| 50 | 50 | | 5 (e) This section expires June 30, 2029. |
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| 51 | 51 | | 6 SECTION 2. An emergency is declared for this act. |
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| 52 | 52 | | 2024 IN 1207—LS 6767/DI 129 |
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