Authority: IC 6-1.1-31-1; IC 6-1.1-31.5-3.5

Affected: IC 6-1.1-31.5

Sec. 8. (a) Tax and billing software must:

1. (1) be able to accept data entry of an individual taxing unit fund rate; and
2. (2) overwrite data entered fund rates with those provided by the department through the integration requirement under 50 IAC 26-11-2 if the two (2) rates differ and use the resulting set of rates for tax calculation.

(b) Tax and billing software must be able to do the following:

1. (1) Link a taxing unit's funds to the appropriate taxing district.

2. (2) Aggregate individual:

   1. (A) taxing unit fund rates for any given taxing unit; and
   2. (B) fund rates for any given taxing district.

(Department of Local Government Finance; 50 IAC 26-7-8; filed Jan 28, 2011, 3:07 p.m.: 20110223-IR- 050100165FRA; readopted filed Oct 4, 2024, 4:04 p.m.: 20241030-IR-050230833RFA)