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Indiana General Assembly
Senate Bill 0175


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Senate Bill 0175

ARCHIVE (2002)

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DIGEST OF SB175 (Updated February 26, 2002 7:18 PM - DI 84)

School referendum tax levies. Provides that if an excessive levy referendum is approved, a school corporation may impose a referendum tax levy that is separate from the general fund tax levy. Provides that voters may reimpose or extend a referendum tax levy through the referendum process but may not approve a referendum tax levy that is imposed for more than seven years. Provides that if the majority of voters in a referendum to allow a school corporation to impose a referendum tax levy did not vote to approve the levy, another referendum to impose a referendum tax levy may not be held for a period of one year. Does not include the referendum tax levy in the determination of state tuition support or maximum general fund tax levy. Provides that a levy increase due to the imposition of a referendum tax levy is not eligible for property tax replacement credits.
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