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Terms Used In Indiana Code 6-1.1-22.1-3

  • qualified taxing unit: means a city, township, or school corporation located in Lake County that experienced a property tax revenue shortfall in one (1) or more tax years:

    Indiana Code 6-1.1-22.1-2

   Sec. 3. A qualified taxing unit, subject to the approval of the fiscal body of the qualified taxing unit, may apply to the treasurer of state for a loan from the counter-cyclical revenue and economic stabilization fund.

As added by P.L.236-2023, SEC.43.