Sec. 4. (a) Except for a tax rate that has an expiration date, and except as provided in section 3(f) of this chapter (before its expiration), a tax rate remains in effect until the effective date of an ordinance that increases, decreases, or rescinds that tax rate.

     (b) A tax rate may not be changed more than once each year under this article.

As added by P.L.243-2015, SEC.10. Amended by P.L.236-2023, SEC.76.