Sec. 12. In the same year that a tax levy is imposed under this chapter, each respective participating unit's tax levies attributable to providing fire protection services within the unit or fire protection district shall be reduced by an amount equal to the amount levied for fire protection services in the year immediately preceding the year in which each respective unit or fire protection district became a participating unit.
As added by P.L.37-1994, SEC.3. Amended by P.L.255-2017, SEC.51.