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Indiana Code Title 6. Taxation § 6-3.6-7-13

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 13. (a) This section applies only to Knox County.

(b) The county fiscal body may impose a tax on the adjusted gross income of local taxpayers at a tax rate that does not exceed the lesser of the following:

(1) Twenty-five hundredths percent (0.25%).

(2) The rate necessary to carry out the purposes described in this section.

(c) Revenue from a tax under this section may be used only for the following purposes:

(1) To finance, construct, acquire, and equip the county jail.

(2) To repay bonds issued or leases entered into for constructing, acquiring, and equipping the county jail.

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Cite this article: FindLaw.com - Indiana Code Title 6. Taxation § 6-3.6-7-13 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-6-taxation/in-code-sect-6-3-6-7-13/

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