Indiana Code 6-1.1-20.6-0.3. General assembly findings
(1) Lake County and St. Joseph County are counties for which limits to property tax liability under this chapter (and as described in the proposed subsection (h) of Article 10, § 1 of the Constitution of the State of Indiana as included in Senate Joint Resolution 1 of the 2008 session of the general assembly) are expected to reduce in 2010 the aggregate property tax revenue that would otherwise be collected by all units of local government and school corporations in the county by at least twenty percent (20%).
Terms Used In Indiana Code 6-1.1-20.6-0.3
- Joint resolution: A legislative measure which requires the approval of both chambers.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- property tax liability: means , for purposes of:
Indiana Code 6-1.1-20.6-3
(A) the proposed subsection (h) of Article 10, § 1 of the Constitution of the State of Indiana as included in Senate Joint Resolution 1 of the 2008 session of the general assembly; and
(B) this chapter.
As added by P.L.220-2011, SEC.127.