YES:
MR. SPEAKER:
Your Committee on Local Government , to which was referred House Bill 1393 ,
has had the same under consideration and begs leave to report the same back to the House with
the recommendation that said bill be amended as follows:
hundred dollars ($100) of assessed value of taxable property
within the district, if an eligible entity other than a city established
the district or if the district was established jointly with an eligible
entity that is not a city;
(2) one and thirty-three hundredths cents ($0.0133) on each one
hundred dollars ($100) of assessed value of taxable property
within the district, if the authority was established under
IC 19-6-3 (before its repeal on April 1, 1980); and
(3) for any other district not described in subdivision (1) or (2),
the following:
Total Assessed Rate Per $100 Of
Property Valuation Assessed Valuation
$300 million or less $0.0167
More than $300 million
but not more than $450 million $0.0133
More than $450 million
but not more than $600 million $0.01
More than $600 million
but not more than $900 million $0.0067
More than $900 million $0.0033
As the tax is collected it may be invested in negotiable United States
bonds or other securities that the federal government has the direct
obligation to pay. Any of the funds collected that are not invested in
government obligations shall be deposited in accordance with
IC 5-13-6 and shall be withdrawn in the same manner as money is
regularly withdrawn from the general fund but without further or
additional appropriation. The levy authorized by this section is in
and when so amended that said bill do pass.