To provide for the capital projects fund, the library board may, for each year in which a plan adopted under section 3 of this chapter is in effect, impose a property tax rate that does not exceed one and sixty-seven hundredths cents ($0.0167) on each one hundred dollars ($100) of assessed valuation of the library district. This rate must be advertised in the same manner as other property tax rates.[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-13-12.]As added by P.L.1-2005, SEC.49.
Indiana Legal Code