HOUSE BILL No. 1026
DIGEST OF INTRODUCED BILL
Citations Affected: None (noncode).
Synopsis: Township general fund and fire fund. Permits St. John
Township, Lake County, to: (1) transfer up to $86,317 from its general
fund to its fire fund before December 31, 2002; and (2) for 2002 taxes
payable in 2003, increase its fire fund maximum permissible levy and
decrease its general fund maximum permissible levy by $110,000.
Effective: Upon passage.
January 8, 2002, read first time and referred to Committee on Local Government.
Second Regular Session 112th General Assembly (2002)
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HOUSE BILL No. 1026
A BILL FOR AN ACT concerning local government.
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: ; (02)IN1026.1.1. -->
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
(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
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
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)IN1026.1.2. -->
SECTION 2. An emergency is declared for this act.