(A) The County Income Tax Council imposes the county option income tax on the county taxpayers of Warrick County. The county option income tax is imposed at a rate of 0.2% on the resident county taxpayers of the county and at a rate of 0.05% on all other county taxpayers. This tax takes effect July 1, 1985.
(B) The tax rate for subsequent years is as follows:
Resident County Taxpayers | Other County Taxpayers | |
July 1, 1986 to June 30, 1987 | 0.3% | 0.75% |
July 1, 1987 to June 30, 1988 | 0.4% | 0.1% |
July 1, 1988 to June 30, 1989 | 0.5% | 0.125% |
July 1, 1989 to June 30, 1990 | 0.6% | 0.15% |
(Res. 3,1985, passed - -1985)