The general assembly finds that:

1. (1) distributions of property tax revenue for 2008 and 2009 to the city of LaPorte either:

   1. (A) have not been made; or

   2. (B) have been delayed by more than sixty (60) days after either due date specified in IC 6-1.1-22-9 ;

      as a result of a state ordered reassessment of property in the county; and

2. (2) the city is having severe difficulty carrying out the governmental functions committed to it by law as a result of the delay in the distribution of tax revenue to the city.

As added by P.L.182-2009(ss), SEC.153.