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County Council Ordinance-February 1996-- � -. " le� I ORDINANCE OF THE GIBSON COUNTY COUNCIL IMPOSZNG THE COUNTY ECONOMIC DEVFLOPMENT INCOME TAX WHEREAS, IC 6-3.5-7-5 authorizes the Gibson County Council (��Council'�) to impose the county economic development income tax (��EDZT��) on the adjusted gross income of county taxpayers; WHEREAS, a county taxpayer is defined as any individual who (i) resides in Gibson County on the date specified in IC 6-3.5-7- 17; or (ii) maintains a principal place of business or employment in Gibson County on the date specified in IC 6-3.5-7-17 and who does not on that said date reside in another county in which the county adjusted gross income tax (��CAGIT��), the county option income tax (��COIT"), or the EDIT is in effect; wHEREAS, Gibson County as of January 1, 1996, has not enacted the CAGIT or the COIT, and WHEREAS, the County may by ordinance elect to have the EDIT distributed to Gibson County and to municipalities in Gibson County based upon property tax levies. NOW, THEREFORE, BE IT ORDAINED HY THE GIBSON COUNTY COUNCIL: 1. The Gibson County Council imposes the county economic development income tax on the county taxpayers of Gibson County. The county economic development income tax is imposed at a rate of five-tenths of one percent (0.50�) on the county taxpayers of the county. This tax takes effect July 1 of this year. 2. The Council elects to have the EDIT distributed by the Gibson County Auditor on the basis of property tax levies as specified in IC 6-3.5-7-12(c). 3. The Gibson County Auditor shall record all votes taken on this ordinance and immediately send a certified copy of the results by certified mail to the indiana Department of State Revenue. 4. This ordinance takes effect July 1, 1996. ADOPTED this 9th day of February, 1996, by a vote of 6 ayes and 1 nays. GIBSON COUNTY COUNCIL ,1 \ , 4� n ti� � ��r - HUBERT O. CRAWFORD, Presi ent % Att2St i�,.� ,�'. �Y��� ANNE D. MYERS, Gibson County Auditor