IC 20-49-10-10: Property tax levy

Sec. 10. A school corporation to which an advance is made under this chapter may annually levy a property tax in the debt service fund to replace the amount withheld under this chapter in the current year from the distribution of state tuition support. The amount received from the tax must be transferred from the debt service fund to the general fund (before January 1, 2019) or the education fund (after December 31, 2018).