(a) A political subdivision that in any year adopts a proposal to establish a cumulative fund or sinking fund under any of the following provisions must submit the proposal to the department of local government finance before August 2 of that year, for years before 2018, and before May 1 of that year, for years after 2017:IC 3-11-6IC 8-10-5IC 8-16-3IC 8-16-3.1IC 8-22-3IC 14-27-6IC 14-33-21IC 16-22-5IC 16-22-8IC 36-8-8-14.2IC 36-8-14IC 36-9-4IC 36-9-14IC 36-9-14.5IC 36-9-15IC 36-9-15.5IC 36-9-16IC 36-9-17IC 36-9-26IC 36-9-27IC 36-10-3IC 36-10-4IC 36-10-7.5(b) If a proposal described in subsection (a) is not submitted to the department of local government finance before August 2 of a year, for years before 2018, and before May 1 of a year, for years after 2017, the political subdivision may not levy a tax for the cumulative fund or sinking fund in the ensuing year.As added by P.L.41-1993, SEC.17. Amended by P.L.2-1995, SEC.23; P.L.1-1995, SEC.45; P.L.90-2002, SEC.158; P.L.184-2016, SEC.12; P.L.159-2020, SEC.25.
Indiana Legal Code