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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 40. The county treasurer shall deposit the disbursements from the treasurer of state in a county fund to be known as the local income tax township assistance control fund. Notwithstanding IC 6-3.6 and IC 6-1.1-18.5, the county treasurer shall disburse the money in the fund in the following priority:
(1) To ensure the payment within thirty (30) days of all valid township assistance claims in the distressed township that are not covered by subdivision (3).
(2) At the end of each calendar year, to redeem any outstanding bonds issued or repay loans incurred by the county for poor relief or township assistance purposes under IC 12-2-4.5 (before its repeal), IC 12-2-5 (before its repeal), IC 12-20-23 (before its repeal), or IC 12-20-24 to the extent the proceeds of the bonds or loans were advanced to the distressed township.
(3) To pay claims approved under section 27 or 28 of this chapter (or IC 12-2-14-22 or IC 12-2-14-23 before their repeal).
(4) As provided in IC 6-3.6, for the purposes specified in the ordinance imposing the local income tax under this chapter.
Cite this article: FindLaw.com - Indiana Code Title 12. Human Services § 12-20-25-40 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-12-human-services/in-code-sect-12-20-25-40/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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