Second Regular Session 112th General Assembly (2002)


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     HOUSE ENROLLED ACT No. 1026



     AN ACT concerning local government.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: ; (02)HE1026.1.1. -->     SECTION 1. [EFFECTIVE UPON PASSAGE] (a) This SECTION applies to a township having a population of more than fifty thousand (50,000) but less than one hundred thousand (100,000) located in a county having a population of more than four hundred thousand (400,000) but less than seven hundred thousand (700,000).
     (b) Notwithstanding IC 36-1-8-4, a township may, before December 31, 2002, transfer not more than eighty-six thousand three hundred seventeen dollars ($86,317) from the township's general fund to the township's fire fund. The township is not required to return the money to the general fund.
    (c) With respect to property taxes first due and payable after December 31, 2002, a township may:
        (1) reduce the maximum permissible levy for the township's general fund under IC 6-1.1-18.5 by not more than one hundred ten thousand dollars ($110,000); and
        (2) increase the maximum permissible levy for the township's fire fund under IC 6-1.1-18.5 by the amount by which the township reduces the maximum permissible levy for the township's general fund under subdivision (1).
    (d) This SECTION expires December 31, 2003.

SOURCE: ; (02)HE1026.1.2. -->     SECTION 2. An emergency is declared for this act.


HEA 1026

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