Eligibility for distribution; required minimum levy

Ind. Code § 20-45-8-21
in effect
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Sec. 21. To qualify to receive any of the receipts of a tax levy, a qualified school corporation must levy against the assessed valuation of the qualified school corporation a total school tax rate sufficient to generate an amount equal to the amount of revenues deposited in the fund in calendar year 1979. [Pre-2006 Recodification Citation: 21-2-13-6.] As added by P.L.2-2006, SEC.168.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/20Fetched: 10/17/2026

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