12-20-25-51. Distressed Township Supplemental Township Assistance Fund; Establishment; Administration; General Purpose
Sec. 51. The distressed township supplemental township assistance fund is established. The fund shall be administered by the treasurer of state. The fund shall be used to provide state support to distressed townships. [Pre-1992 Revision Citation: 12-2-14-46.] As added by P.L.2-1992, SEC.14. Amended by P.L.73-2005, SEC.144.
12-20-25-36. Department Action; Transfer of Funds to Township Assistance Account
Sec. 36. (a) Notwithstanding IC 6-1.1-17, if the county fiscal body: (1) adopts an ordinance under section 35(b)(2) of this chapter; or (2) fails to adopt an ordinance under section 35(b) of this chapter; the department shall reduce the county’s general fund budget and increase the distressed township’s township assistance account budget in an amount […]
12-20-25-52. Nature and Uses of Distressed Township Supplemental Township Assistance Fund
Sec. 52. State support provided from the distressed township supplemental township assistance fund: (1) is supplemental to other financing for township assistance; (2) may be used to satisfy township assistance claims incurred during the period the management committee is in control of the township trustee’s office; and (3) subject to the approval of the control […]
12-20-25-37. Adoption of Proposal Including Income Tax; Notice to Department of Revenue; Collection of Tax
Sec. 37. (a) If the county fiscal body adopts an ordinance adopting the control board’s financial plan as provided in section 35 of this chapter and the plan includes a proposal to adopt a local income tax rate, the control board shall notify the department of state revenue of this fact. (b) Notwithstanding IC 6-3.6, […]
12-20-25-38. Advance of State General Fund Money; Repayment
Sec. 38. (a) If the county fiscal body adopts an ordinance adopting the control board’s financial plan as provided in section 35 of this chapter and the plan includes a proposal to adopt the local income tax, the control board may request an advance of state general fund money in the year the county fiscal […]
12-20-25-39. Deposit of Tax Proceeds; Disbursement
Sec. 39. The proceeds of the local income tax imposed under this chapter shall be deposited by the treasurer of state on behalf of the county into a separate local income tax account. The money in the account shall be disbursed as provided in section 38(b) of this chapter. [Pre-1992 Revision Citation: 12-2-14-34.] As added […]
12-20-25-40. Local Income Tax Township Assistance Control Fund; Disbursement Priorities
Sec. 40. The county treasurer shall deposit the disbursements from the treasurer of state in a county fund to be known as the local income tax township assistance control fund. Notwithstanding IC 6-3.6 and IC 6-1.1-18.5, the county treasurer shall disburse the money in the fund in the following priority: (1) To ensure the payment […]
12-20-25-41. “Advance”; “Support”; Termination of Controlled Status
Sec. 41. (a) As used in subsection (c), “advance” refers to money provided to a distressed township from the state general fund under section 38 of this chapter. (b) As used in subsection (c), “support” refers to money provided from the distressed township supplemental township assistance fund established by section 51 of this chapter to […]
12-20-25-42. Township Certified as Distressed Before January 1, 1988; Termination of Controlled Status; Review and Approval of Civil and Township Assistance Budgets; Outstanding Debt
Sec. 42. (a) This section applies to a township that was certified a distressed township before January 1, 1988. (b) The controlled status of the distressed township is terminated on July 1, 1989, if the department finds that the following conditions exist: (1) All valid township assistance claims in the distressed township, including the claims […]
12-20-25-43. Maximum Ad Valorem Property Tax Insufficient to Pay All Township Assistance Claims; Dedication of Other Revenue
Sec. 43. Notwithstanding IC 6-3.6, if: (1) there has been a controlled township in a county; (2) the township that has been controlled has levied the township’s maximum permissible ad valorem property tax levy for township assistance; (3) the maximum permissible ad valorem property tax levy is insufficient to ensure the payment within thirty (30) […]