{"data":{"id":"us-in/ic-6-3.6-5-2","jurisdiction":"us-in","citation":"IC 6-3.6-5-2","heading":"Treatment of tax as property taxes; credit may not reduce levy limit or approved rate","body":"Sec. 2. A tax imposed under this chapter shall be treated as property taxes for all purposes. However, the department of local government finance may not reduce:\n(1) any taxing unit's maximum permissible property tax levy limit under IC 6-1.1-18.5; or\n(2) the approved property tax levy or rate for any fund;\nby the amount of any credits granted under this chapter.","path":["TITLE 6. TAXATION","ARTICLE 3.6. LOCAL INCOME TAXES","Chapter 5. Property Tax Relief Rates"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-3.6-5-2","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"1fd8a1377664c96d0e227268d841adfebfc4b316b0f76c1f0dd693fdbe419d79","source_id":"us-in","stale":false,"prev":"us-in/ic-6-3.6-5-1","next":"us-in/ic-6-3.6-5-3"},"notice":"GroundRules: Original legal text. Not legal advice."}