{"data":{"id":"us-in/ic-6-3.6-10-9","jurisdiction":"us-in","citation":"IC 6-3.6-10-9","heading":"Limitations on bonds, leases, or other obligations incurred after May 9, 2025","body":"Sec. 9. (a) Notwithstanding any other law, for bonds, leases, or any other obligations incurred after May 9, 2025, a county, city, town, and any other taxing unit may not pledge for payment from tax revenue received under this article an amount that exceeds an amount equal to twenty-five percent (25%) of the taxing unit's certified distribution under this article.\n(b) This section expires July 1, 2028.","path":["TITLE 6. TAXATION","ARTICLE 3.6. LOCAL INCOME TAXES","Chapter 10. Permitted Expenditures"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-3.6-10-9","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"8bfe573acaea581a8b96eb8d4a455926a5f1734c8dd87f9cbf4c593cac9afc47","source_id":"us-in","stale":false,"prev":"us-in/ic-6-3.6-10-8","next":"us-in/ic-6-3.6-11-1-version-a"},"notice":"GroundRules: Original legal text. Not legal advice."}