1. (a) This section applies to Howard Township in Washington County.

2. (b) If the township fiscal body adopts a resolution:

   1. (1) setting forth a finding that the township's maximum permissible ad valorem property tax levy needs to be increased in excess of the limitations established under section 3 of this chapter; and

   2. (2) approving the submission of a petition by the township executive with the department;

      the township executive may submit a petition to the department requesting an increase in the township's maximum permissible ad valorem property tax levy.

3. (c) If a proper petition is submitted, the department shall increase the township's maximum permissible ad valorem property tax levy for property taxes first due and payable in 2017 by an amount equal to the amount that represents a ten percent (10%) increase in the township's 2016 maximum permissible ad valorem property tax levy, notwithstanding the assessed value growth quotient.
4. (d) The township's 2017 maximum permissible ad valorem property tax levy, after the increase made under this section, is to be used in determining the township's previous year maximum permissible ad valorem property tax levy for the determination under this chapter of the township's maximum permissible ad valorem property tax levy after 2017.
5. (e) This section expires January 1, 2019.

As added by P.L.180-2016, SEC.12.