Sec. 21. A school corporation to which an advance is made for a school building construction program may annually levy a property tax in the debt service fund to replace the amount deducted under this chapter in the current year from the distribution of state tuition support. The amount received from the tax must be transferred from the debt service fund to the education fund.
[Pre-2006 Recodification Citation: 21-1-5-8.]
As added by P.L.2-2006, SEC.172. Amended by P.L.244-2017, SEC.121.