IC 12-16-17

    

Chapter 17. Health and Hospital Corporation of Marion County


IC 12-16-17-1

Annual transfer

    


Sec. 1. The office of the secretary of family and social services
shall annually transfer forty million dollars ($40,000,000) to a
hospital corporation established under IC 16-22-8 from the state
general fund for the purposes of the hospital corporation.

As added by P.L.146-2008, SEC.391.


IC 12-16-17-2

Annual transfer made in four equal installments

    


Sec. 2. A transfer required in a calendar year under section 1 of
this chapter shall be made in four (4) equal installments before April
30, July 31, September 30, and December 31.

As added by P.L.146-2008, SEC.391.


IC 12-16-17-3

Reduction in maximum permissible property tax levy

    


Sec. 3. The maximum permissible property tax levy that a hospital
corporation established under IC 16-22-8 would otherwise be
permitted to impose under IC 6-1.1-18.5-3 shall be reduced by
thirty-five million dollars ($35,000,000) in a calendar year in which
section 1 of this chapter provides for a transfer.

As added by P.L.146-2008, SEC.391.