{"data":{"id":"us-in/ic-6-1.1-17-16.7","jurisdiction":"us-in","citation":"IC 6-1.1-17-16.7","heading":"Proposals to establish cumulative funds or sinking funds; submission to department of local government finance","body":"Sec. 16.7. (a) A political subdivision that in any year adopts a proposal to establish a cumulative fund or sinking fund under any of the following provisions must submit the proposal to the department of local government finance before August 2 of that year, for years before 2018, and before May 1 of that year, for years after 2017:\nIC 3-11-6\nIC 8-10-5\nIC 8-16-3\nIC 8-16-3.1\nIC 8-22-3\nIC 14-27-6\nIC 14-33-21\nIC 16-22-5\nIC 16-22-8\nIC 36-8-8-14.2\nIC 36-8-14\nIC 36-9-4\nIC 36-9-14\nIC 36-9-14.5\nIC 36-9-15\nIC 36-9-15.5\nIC 36-9-16\nIC 36-9-17\nIC 36-9-26\nIC 36-9-27\nIC 36-10-3\nIC 36-10-4\nIC 36-10-7.5\n(b) If a proposal described in subsection (a) is not submitted to the department of local government finance before August 2 of a year, for years before 2018, and before May 1 of a year, for years after 2017, the political subdivision may not levy a tax for the cumulative fund or sinking fund in the ensuing year.","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#6-1.1-17-16.7","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"2ac247942d7c7f8cbe590e20d7194721ead474061cf30bc566ee360451507eda","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-17-16.5","next":"us-in/ic-6-1.1-17-17"},"notice":"GroundRules: Original legal text. Not legal advice."}