1. (a) This section applies to the Frankfort Airport Authority in Clinton County.
2. (b) Notwithstanding IC 8-22-3-25 , the maximum permissible ad valorem property tax levy for the authority's cumulative building fund may not exceed sixty-seven hundredths of one cent ($0.0067) on each one hundred dollars ($100) of assessed value of taxable property within the district.

As added by P.L.257-2013, SEC.33.