6-1.1-45.5-7. Review and Action by Department of Local Government Finance
Sec. 7. (a) On receipt by the department of a recommendation by the fiscal body to waive or reduce the delinquent tax liability, the department shall: (1) review: (A) the petition and all other materials submitted by the board; and (B) the notice received from the fiscal body; and (2) subject to subsection (b), determine […]
6-1.1-45.5-8. Notice of Action of Department of Local Government Finance; Additional Review by Department; Proof of Ownership; County Auditor Review of Plan Completion
Sec. 8. (a) The department shall give notice of its determination under section 7 of this chapter and the right to seek an appeal of the determination by mail to: (1) the petitioner; (2) the owner, if different from the petitioner; (3) all persons that have, as of the date the petition was filed under […]
6-1.1-45.5-9. Appeal of Action of Department of Local Government Finance
Sec. 9. As provided in IC 6-1.5-5-1, a petitioner under section 2 of this chapter may initiate an appeal of the department’s final determination under section 8 of this chapter by filing a petition with the county assessor not more than forty-five (45) days after the department gives the petitioner notice of the final determination. […]
6-1.1-46-1. Definitions
Sec. 1. The following definitions apply throughout this chapter: (1) “Deduction allowance period” for a county means the period: (A) beginning on January 1 of the year immediately following the year in which the county fiscal body adopts an ordinance under section 2 of this chapter to have this chapter apply in the county; and […]
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 […]
6-1.1-43-2. “Economic Development Incentive” Defined
Sec. 2. As used in this chapter, an “economic development incentive” refers to a tax credit, deduction, exemption, grant, or loan awarded under a program described in section 1 of this chapter. As added by P.L.60-1997, SEC.1.