IC 20-23-19-9: Applicability

Sec. 9. This subsection applies to the second installment of property taxes first due and payable in 2027. In the case of property tax revenue that, if not for the application of this chapter, is collected for Union School Corporation that is attributable to tangible property located in Randolph County, the Randolph County auditor shall distribute the property tax revenue instead to Monroe Central School Corporation. In the case of property tax revenue that, if not for the application of this chapter, is collected for Union School Corporation that is attributable to tangible property located in Henry County, the Henry County auditor shall distribute the property tax revenue instead to Blue River Valley School Corporation.