Ind. Code § 12-29-2-5
(c) If the proportional share is more than the amount of property taxes raised under the tax rate required under section 2 of this chapter, the county:
(2) may appropriate an additional amount up to an amount that would equal the amount of property taxes raised by a tax rate of three and one-third cents ($0.03 1/3).
[Pre-1992 Revision Citation: 16-16-1-6(e).]
As added by P.L.2-1992, SEC.23. Amended by P.L.40-1994, SEC.63; P.L.1-2004, SEC.55 and P.L.23-2004, SEC.57.