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 […]
6-1.1-45-8. “Zone Business”
Sec. 8. “Zone business” has the meaning set forth in IC 5-28-15-3. As added by P.L.214-2005, SEC.16.
6-1.1-46-3. Change of Deduction Percentage
Sec. 3. If an ordinance adopted under section 2 of this chapter is in effect in a county, subject to the requirements of section 2 of this chapter, the county fiscal body may adopt an ordinance that changes the percentage of assessed valuation to use in computing the deduction provided by this chapter. As added […]
6-1.1-45-9. Eligibility for Deduction; Amount; Conditions; Approval by Fiscal Body or Legislative Body
Sec. 9. (a) Subject to subsection (d), a taxpayer that makes a qualified investment is entitled to a deduction from the assessed value of the taxpayer’s enterprise zone property located at the enterprise zone location for which the taxpayer made the qualified investment. The amount of the deduction is equal to the remainder of: (1) […]
6-1.1-46-4. Termination of Eligible Transfer Period
Sec. 4. (a) If an ordinance adopted under section 2 of this chapter is in effect in a county, the county fiscal body may adopt an ordinance specifying the date on which the eligible transfer period is to terminate. (b) If a county fiscal body has adopted an ordinance under subsection (a), the ordinances adopted […]
6-1.1-45-10. Deduction Application; Extension
Sec. 10. (a) A taxpayer that desires to claim the deduction provided by section 9 of this chapter for a particular year shall file a certified application, on forms prescribed by the department of local government finance, with the auditor of the county where the property for which the deduction is claimed was located on […]
6-1.1-46-5. Deduction
Sec. 5. If an ordinance adopted under section 2 of this chapter is in effect in a county, a person to whom a land bank transfers real property in a county during the eligible transfer period is entitled to a deduction from the assessed value of the real property for each of the five (5) […]
6-1.1-45-11. Eligibility; Appeals
Sec. 11. (a) The county auditor shall determine the eligibility of each applicant under this chapter and shall notify the applicant of the determination before August 15 of the year in which the application is made. (b) A person may appeal the determination of the county auditor under subsection (a) by filing a complaint in […]
6-1.1-46-6. Annual Reports to County Auditor
Sec. 6. (a) If an ordinance adopted under section 2 of this chapter is in effect in a county, each land bank that is located in the county shall transmit a report to the county auditor before February 1 of each assessment year in the deduction allowance period in the manner prescribed by the county […]
6-1.1-45-12. Deduction Limitation; Claiming Deduction After Expiration of Zone
Sec. 12. (a) Subject to subsection (b), a taxpayer may claim a deduction under this chapter for property other than property located in a consolidated city for an assessment date that occurs after: (1) the expiration of the enterprise zone in which the enterprise zone property for which the taxpayer made the qualified investment is […]