36-9-17.5-1. Applicability of Chapter

Sec. 1. This chapter applies to all townships. As added by P.L.129-1999, SEC.2.

36-9-17.5-2. Establishment and Purpose

Sec. 2. A township may establish a cumulative township vehicle and building fund under IC 6-1.1-41 to provide money to: (1) acquire township vehicles; (2) purchase, construct, equip, and maintain buildings for public purposes; (3) acquire the land and any improvements on the land that are necessary for the construction of public buildings; (4) demolish […]

36-9-17.5-3. Deposit of Revenues

Sec. 3. (a) The following revenues may be deposited in the cumulative township vehicle and building fund: (1) All or part of the revenues from a property tax levy dedicated for township vehicle and building purposes. (2) Other sources of revenue specified by resolution of the township legislative body. (b) Appropriations may be made from […]

36-9-17.5-4. Tax Levied to Provide for Fund

Sec. 4. (a) To provide for the cumulative township vehicle and building fund authorized under this chapter, the legislative body of a township may levy a tax on all taxable property within the township in compliance with IC 6-1.1-41. The tax rate may not exceed five cents ($0.05) on each one hundred dollars ($100) of […]

36-9-17.5-5. Property Tax Levy Limits

Sec. 5. Notwithstanding any other law, the property tax levy limits imposed under IC 6-1.1-18.5-3 apply to property taxes imposed by a township under this chapter. For purposes of computing the property tax levy limit imposed on the township under IC 6-1.1-18.5-3, the township’s property tax levy for a particular calendar year includes the levy […]