Sec. 4. The department of local government finance may, upon petition by a school corporation, adjust the school corporation's maximum permissible levy for its operations fund under section 1 of this chapter to reflect the school corporation's plan adopted or amended under IC 20-46-5 (before its repeal January 1, 2019) or IC 20-40-18-9 (after December 31, 2018). The petition must be filed with the department of local government finance before October 20 of the year before the adjustment is proposed to take effect.
As added by P.L.244-2017, SEC.106. Amended by P.L.140-2018, SEC.24.
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