Recent Developments in Indiana Taxation - I.U. School of Law ...

1128 INDIANA LAW REVIEW [Vol. 40:1103
The GA added I.C. § 36-9-39.1 (effective July 1, 2006) to allow a
municipality to create a sewer improvement and extension fund and finance it
through special assessments. 255
Non-code provisions repealed the following:
County having a consolidated city; metropolitan development
(1)
commission list; affidavit of owner (I.C. § 6-1.1-24-4.1);
(2) Second offer for sale of property (I.C. § 6-1.1-24-5.5); and,
(3) Distribution of proceeds of sale of certificates of sale; tax sale
surplus fund; county auditor duty on assignment of certificate (I.C.§
6-1.1-24- 6.5). 256
Non-code provisions also repealed the following:
Insufficient funds; county general fund appropriation (I.C. § 12-20-
(1)
21-4);
(2) County Borrowing for Township Assistance (I.C. § 12-20-23);
(3) Transmittal of appeal; determination by county commissioners on
township borrowing for assistance (I.C. § 12-20-24-2);
(4) Decision of county commissioners; further determination by county
council on township borrowing for assistance (I.C. § 12-20-24-3);
and
(5) Decision of county council; notification of township board; appeal
to department on township borrowing for assistance (I.C. §
12-20-24-4). 257
The GA added I.C. § 6-1.1-18.5-21 (effective March 20, 2006) to allow a
civil taxing unit to determine the property tax levy limits imposed do not apply
to all or part of levies imposed to repay a rainy day loan. 258
The GA added I.C. § 6-1.1-19-13 (effective March 20, 2006) to allow a
school corporation to determine whether the property tax levy limits imposed do
not apply to all or part of levies imposed to repay a rainy day loan. 259
The GA added I.C. § 6-1.1-21.9 (effective March 24, 2006) to establish a
loan from the state rainy day fund to a taxing unit whose property tax collections
are affected by the bankruptcy of a taxpayer that manufactures
microelectronics. 260
The GA broadened definition of “clerk,” “fiscal body,” and “legislative
body” under I.C. §§ 36-1-2-4, 36-1-2-6, and 36-1-2-9, respectively. 261
The GA added I.C. § 36-1.5-1-1 (effective March 24, 2006) evidencing intent
to grant broad powers to enable political subdivisions to operate more efficiently
255. Id. § 82.
256. Id. § 83.
257. Id. § 84.
258. 2006 Ind. Legis. Serv. P.L. 114-2006 (H.E.A. 1124) § 1 (West).
259. Id. § 2.
260. Id. § 3.
261. 2006 Ind. Legis. Serv. P.L. 186-2006 (H.E.A. 1362) §§ 1-3 (West).