§ 3

Ind. Code § 8-16-3-3

Tax levy

  1. (a) To provide for the cumulative bridge fund, county executives and municipal legislative bodies may levy a tax in compliance with IC 6-1.1-41 not to exceed ten cents ($0.10) on each one hundred dollars ($100) assessed valuation of all taxable personal and real property within the county or municipality.
  2. (b) The tax, when collected, shall be held in a special fund to be known as the bridge fund.

  3. (c) An appropriation from the bridge fund may be made without the approval of the department of local government finance if:

    1. (1) the county executive requests the appropriation; and

    2. (2) the appropriation is for the purpose of constructing, maintaining, or repairing bridges, approaches, or grade separations.

      Formerly: Acts 1951, c.299, s.3; Acts 1975, P.L.92, SEC.1. As amended by P.L.24-1986, SEC.33; P.L.86-1988, SEC.20; P.L.118-1989, SEC.1; P.L.17-1995, SEC.9; P.L.6-1997, SEC.136; P.L.90-2002, SEC.322.

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