DIGEST OF HB 1219 (Updated April 24, 2003 4:32 PM - DI 52)
Provisional taxes. Establishes temporary provisional property tax billing procedures for a county in which the general reassessment is not completed by the statutory completion date. Requires a county to distribute collections to taxing units in the county within 51 days after the property tax due date. Permits the department of local government finance to adopt emergency rules before January 1, 2005. Adds a provision concerning temporary borrowing by school corporations.