A tax imposed under this chapter shall be treated as property taxes for all purposes. However, the department of local government finance may not reduce:

1. (1) any taxing unit's maximum permissible property tax levy limit under IC 6-1.1-18.5 ; or

2. (2) the approved property tax levy or rate for any fund;

   by the amount of any credits granted under this chapter.

As added by P.L.243-2015, SEC.10.