{"data":{"id":"us-in/ic-6-1.1-17-16.5","jurisdiction":"us-in","citation":"IC 6-1.1-17-16.5","heading":"Cumulative building or sinking fund proposal; action by department of local government finance","body":"Sec. 16.5. This section applies in each case in which the department of local government finance has the power to approve or disapprove the tax levy for a cumulative building or sinking fund proposed to be established by a political subdivision. The department may:\n(1) approve the tax levy;\n(2) disapprove the tax levy; or\n(3) modify the tax levy by approving it at any amount less than the tax levy proposed to be established.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 17. Procedures for Fixing and Reviewing Budgets, Tax Rates, and Tax Levies"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-17-16.5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"f3bf304066bd4980ef6344a4d4d06c98038d40dd8b5648deed3dfe3d88d840f7","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-17-16.2-version-b","next":"us-in/ic-6-1.1-17-16.7"},"notice":"GroundRules: Original legal text. Not legal advice."}