6-1.1-46.2-2. “District Board”
Sec. 2. As used in this chapter, “district board” refers to an entrepreneur and enterprise district board designated under IC 5-28-15.5-2(d). As added by P.L.238-2017, SEC.18.
6-1.1-47-6. Annual Reports to County Auditor
Sec. 6. (a) If an ordinance adopted under section 2 of this chapter is in effect in a county for a year, each transferring entity that is located in the county shall transmit a report to the county auditor before February 1 of the assessment year in the manner prescribed by the county auditor that […]
6-1.1-46.2-3. “Eligible Vacant Building”
Sec. 3. As used in this chapter, “eligible vacant building” means a building that: (1) is zoned for commercial or industrial purposes; and (2) is unoccupied for at least one (1) year before the owner of the building or a tenant of the owner occupies the building, as evidenced by a valid certificate of occupancy, […]
6-1.1-46.2-4. Application for Deduction; District Board; Statement of Benefits; Contents
Sec. 4. The owner of an eligible vacant building may apply to a district board for a deduction under this chapter for the occupation of an eligible vacant building within a district. An application under this section must: (1) be submitted to the district board before the owner or tenant of the eligible vacant building […]
6-1.1-46.2-5. Form; Application and Statement of Benefits; Public Record
Sec. 5. The department of local government finance shall prescribe a form for the application and statement of benefits under section 4 of this chapter. The application and statement of benefits are public records that may be inspected and copied under IC 5-14-3. As added by P.L.238-2017, SEC.18.
6-1.1-46.2-6. District Board Review of Application; Resolution to Approve Deduction; Required Findings; Approval by Fiscal Body of Municipality
Sec. 6. (a) The district board shall review an application and statement of benefits submitted under section 4 of this chapter, and the district board shall determine whether the property owner should be granted a deduction under this chapter after the district board has made the following findings: (1) Whether the estimate of the number […]
6-1.1-46.2-7. Entitlement to Deduction; Eligible Vacant Building Used for Commercial or Industrial Purposes
Sec. 7. Except as otherwise provided in this chapter, if an application is approved by resolution of the district board and by resolution of the fiscal body of the municipality under section 6 of this chapter, the owner of the eligible vacant building is entitled to a deduction from the assessed value of the building […]
6-1.1-46.2-8. Abatement Schedule; Duration
Sec. 8. The district board, with the approval of the fiscal body of the municipality in which the district is located, shall determine the abatement schedule for a deduction granted under this chapter. An abatement schedule must specify the percentage amount of the deduction for each year of the deduction. An abatement schedule may not […]
6-1.1-46.2-9. Amount of Deduction
Sec. 9. Subject to the requirements of this chapter, the amount of the deduction a property owner is entitled to receive under this chapter for a particular year equals the product of: (1) the assessed value of the building or part of the building that is occupied by the property owner or a tenant of […]
6-1.1-46-2. Adoption of Ordinance
Sec. 2. (a) A county fiscal body of a county in which a land bank is established may adopt an ordinance to have this chapter apply in the county. (b) An ordinance adopted under this section must specify the percentage of assessed valuation to use in computing the deduction provided by this chapter. The percentage […]