- (a) This section applies only to Clark County.
(b) Notwithstanding section 5 of this chapter, when determining the allocation amount and the economic development revenue allocation for each taxing unit in the county:
- (1) in 2019, one hundred percent (100%) of the increase in the county's maximum permissible tax levy permitted under IC 6-1.1-18.5-13.8 shall be excluded;
- (2) in 2020, sixty-six and sixty-seven hundredths percent (66.67%) of the increase in the county's maximum permissible tax levy permitted under IC 6-1.1-18.5-13.8 shall be excluded; and
- (3) in 2021, thirty-three and thirty-three hundredths percent (33.33%) of the increase in the county's maximum permissible tax levy permitted under IC 6-1.1-18.5-13.8 shall be excluded.
- (c) This section expires June 30, 2022.
As added by P.L.199-2017, SEC.2.