reglab/housing_qa huggingface dataset:
IN Code § 6-1.1-20.3-17 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.3. Distressed Political Subdivisions|6-1.1-20.3-17. Loans or Advances From the Common School Fund; Extension of Term; Establishment of a School Improvement Fund; Expenditures; Levy

Sec. 17. (a) If the distressed unit appeal board delays or suspends, for a period determined by the board, any payments on loans or advances from the common school fund under section 6.8 of this chapter, the distressed unit appeal board may recommend to the state board of finance that the term of the loans or advances be extended. If the distressed unit appeal board makes a recommendation to extend the term of the loan or advances, the state board of finance may extend the term of the loans or advances for a period of time that is equal to or less than the number of months for which the payments are delayed or suspended.(b) If payments on loans or advances from the common school fund are suspended under section 6.8 of this chapter, the distressed unit appeal board shall require that the school corporation:(1) establish a school improvement fund; and(2) transfer to the school improvement fund an amount equal to the payments that are delayed or suspended for calendar year 2020.(c) A school improvement fund established under subsection (b)(1) may be used only for the following purposes:(1) Repair, renovation, or other improvements to school buildings and property being used for education purposes as of July 1, 2020.(2) Demolition of school buildings or other structures on school property in existence as of July 1, 2020.(d) All expenditures from a school improvement fund established under subsection (b)(1) must be approved by the distressed unit appeal board.(e) A school corporation may, on an annual basis, levy a tax in the debt service fund equal to the amount that would have been deducted from the distribution of state tuition support for the payment of loans made under section 6.8 of this chapter during calendar year 2020 if the loans had not been suspended. The amount received from a tax under this subsection must be transferred from the debt service fund to the education fund.(f) With the approval of the distressed unit appeal board, a school corporation may spend other funds of the school corporation for the purposes described in subsection (c) and reimburse the expenditures from a school improvement fund established under subsection (b)(1).(g) This section expires January 1, 2025.As added by P.L.257-2019, SEC.55. Amended by P.L.154-2020, SEC.7; P.L.165-2021, SEC.68.
IN Code § 6-1.1-20.4-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.4. Local Homestead Credits|6-1.1-20.4-1. "Homestead"

Sec. 1. As used in this chapter, "homestead" has the meaning set forth in IC 6-1.1-12-37.As added by P.L.246-2005, SEC.61. Amended by P.L.1-2009, SEC.44.
IN Code § 6-1.1-20.4-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.4. Local Homestead Credits|6-1.1-20.4-2. "Property Tax Liability"

Sec. 2. As used in this chapter, "property tax liability" means liability for the tax imposed on property under this article determined after application of all credits and deductions under this article, except the credit under this chapter, but does not include any interest or penalty imposed under this article.As added by P.L.246-2005, SEC.61.
IN Code § 6-1.1-20.4-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.4. Local Homestead Credits|6-1.1-20.4-3. "Revenue"

Sec. 3. As used in this chapter, "revenue" includes revenue received by a political subdivision under any law or from any person.As added by P.L.246-2005, SEC.61.
IN Code § 6-1.1-20.4-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.4. Local Homestead Credits|6-1.1-20.4-4. Requirement for Credit; Adoption of Ordinance or Resolution

Sec. 4. (a) A political subdivision may adopt an ordinance or resolution each year to provide for the use of revenue for the purpose of providing a homestead credit the following year to homesteads. An ordinance must be adopted under this section before December 31 for credits to be provided in the following year. The ordinance applies only to the immediately following year.(b) A homestead credit under this chapter is to be applied to the net property tax liability due on the homestead.As added by P.L.246-2005, SEC.61. Amended by P.L.146-2008, SEC.212.
IN Code § 6-1.1-20.4-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.4. Local Homestead Credits|6-1.1-20.4-5. Calculation of Credit

Sec. 5. An ordinance or resolution adopted under this chapter must provide for a homestead credit that is either a uniform:(1) percentage of the net property taxes due on the homestead after the application of all other deductions and credits; or(2) dollar amount applicable to each homestead.The ordinance or resolution must specify the percentage or the dollar amount.As added by P.L.246-2005, SEC.61.
IN Code § 6-1.1-20.4-6 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.4. Local Homestead Credits|6-1.1-20.4-6. Credit Applicable Only to Homestead

Sec. 6. If the credit under this chapter is authorized for property taxes first due and payable in a calendar year, a person is entitled to a credit against the person's property tax liability for property taxes first due and payable in that calendar year attributable to the person's homestead located in the county.As added by P.L.246-2005, SEC.61.
IN Code § 6-1.1-20.4-7 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.4. Local Homestead Credits|6-1.1-20.4-7. Exemption From Filing Requirement

Sec. 7. A person is not required to file an application for the credit under this chapter. The county auditor shall:(1) identify qualified homesteads in the political subdivision that are eligible for the credit under this chapter; and(2) apply the credit under this chapter to property tax liability on the identified homestead.As added by P.L.246-2005, SEC.61.
IN Code § 6-1.1-20.4-8 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.4. Local Homestead Credits|6-1.1-20.4-8. Adjustment of Distributions to Reflect Credit

Sec. 8. If an ordinance or resolution is adopted under this chapter, the county auditor shall, for the calendar year in which a homestead credit is authorized under this chapter, account for the revenue used to provide the homestead credit in a manner so that no other political subdivision in the county suffers a revenue loss because of the allowance of the homestead credit.As added by P.L.246-2005, SEC.61.
IN Code § 6-1.1-20.4-9 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.4. Local Homestead Credits|6-1.1-20.4-9. Limitations on Recovering Lost Revenue

Sec. 9. The application of the credit under this chapter results in a reduction of the property tax collections of the political subdivision which provided the credit. A political subdivision may not increase its property tax levy to make up for that reduction.As added by P.L.246-2005, SEC.61.
IN Code § 6-1.1-20.6-0.3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-0.3. General Assembly Findings

Sec. 0.3. The general assembly finds and determines the following:(1) Lake County and St. Joseph County are counties for which limits to property tax liability under this chapter (and as described in the proposed subsection (h) of Article 10, Section 1 of the Constitution of the State of Indiana as included in Senate Joint Resolution 1 of the 2008 session of the general assembly) are expected to reduce in 2010 the aggregate property tax revenue that would otherwise be collected by all units of local government and school corporations in the county by at least twenty percent (20%).(2) Lake County and St. Joseph County are each an eligible county for purposes of:(A) the proposed subsection (h) of Article 10, Section 1 of the Constitution of the State of Indiana as included in Senate Joint Resolution 1 of the 2008 session of the general assembly; and(B) this chapter.As added by P.L.220-2011, SEC.127.
IN Code § 6-1.1-20.6-0.5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-0.5. "Agricultural Land"

Sec. 0.5. As used in this chapter, "agricultural land" refers to land assessed as agricultural land under the real property assessment rules and guidelines of the department of local government finance.As added by P.L.146-2008, SEC.213.
IN Code § 6-1.1-20.6-1.2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-1.2. "Common Areas"

Sec. 1.2. (a) This section applies to credit determinations after 2013.(b) As used in this chapter, "common areas" means any of the following:(1) Residential property improvements on real property on which a building that includes two (2) or more dwelling units, a mobile home, or a manufactured home is located, including all roads, swimming pools, tennis courts, basketball courts, playgrounds, carports, garages, other parking areas, gazebos, decks, and patios.(2) The land and all appurtenances to the land used in connection with a building or structure described in subdivision (1), including land that is outside the footprint of the building, mobile home, manufactured home, or improvement.As added by P.L.288-2013, SEC.21.
IN Code § 6-1.1-20.6-1.6 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-1.6. "Gross Assessed Value"

Sec. 1.6. As used in this chapter, "gross assessed value" refers to the assessed value of property after the application of all exemptions under IC 6-1.1-10 or any other provision.As added by P.L.146-2008, SEC.214.
IN Code § 6-1.1-20.6-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-2. "Homestead"

Sec. 2. (a) As used in this chapter, "homestead" refers to a homestead that has been granted a standard deduction under IC 6-1.1-12-37.(b) The term includes a house or apartment that is owned or leased by a cooperative housing corporation (as defined in 26 U.S.C. 216(b)).As added by P.L.246-2005, SEC.62. Amended by P.L.146-2008, SEC.215; P.L.182-2009(ss), SEC.151; P.L.257-2013, SEC.28.
IN Code § 6-1.1-20.6-2.3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-2.3. "Long Term Care Property"

Sec. 2.3. As used in this chapter, "long term care property" means property that:(1) is used for the long term care of an impaired individual; and(2) is one (1) of the following:(A) A health facility licensed under IC 16-28.(B) A housing with services establishment (as defined in IC 12-10-15-3) that is allowed to use the term "assisted living" to describe the housing with services establishment's services and operations to the public.(C) An independent living home that, under contractual agreement, serves not more than eight (8) individuals who:(i) have a mental illness or developmental disability;(ii) require regular but limited supervision; and(iii) reside independently of their families.As added by P.L.146-2008, SEC.216.
IN Code § 6-1.1-20.6-2.4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-2.4. "Manufactured Home"; "Mobile Home"

Sec. 2.4. As used in this chapter:(1) "manufactured home" has the meaning set forth in IC 22-12-1-16; and(2) "mobile home" has the meaning set forth in IC 16-41-27-4.As added by P.L.146-2008, SEC.217.
IN Code § 6-1.1-20.6-2.5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-2.5. "Nonresidential Real Property"

Sec. 2.5. (a) As used in this chapter, "nonresidential real property" refers to either of the following:(1) Real property that:(A) is not:(i) a homestead; or(ii) residential property; and(B) consists of:(i) a building or other land improvement; and(ii) the land, not exceeding the area of the building footprint or improvement footprint, on which the building or improvement is located.(2) Undeveloped land in the amount of the remainder of:(A) the area of a parcel; minus(B) the area of the parcel that is part of:(i) a homestead; or(ii) residential property.(b) The term does not include agricultural land.As added by P.L.146-2008, SEC.218.
IN Code § 6-1.1-20.6-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-3. "Property Tax Liability"

Sec. 3. As used in this chapter, "property tax liability" means, for purposes of:(1) this chapter, other than section 8.5 of this chapter, liability for the tax imposed on property under this article determined after application of all credits and deductions under this article or IC 6-3.6, except the credit under this chapter, but does not include any interest or penalty imposed under this article; and(2) section 8.5 of this chapter, liability for the tax imposed on property under this article determined after application of all credits and deductions under this article or IC 6-3.6, including the credit granted by section 7 or 7.5 of this chapter, but not including the credit granted under section 8.5 of this chapter or any interest or penalty imposed under this article.As added by P.L.246-2005, SEC.62. Amended by P.L.146-2008, SEC.219; P.L.197-2016, SEC.17.
IN Code § 6-1.1-20.6-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-4. "Residential Property"

Sec. 4. As used in this chapter, "residential property" refers to real property that consists of any of the following:(1) A single family dwelling that is not part of a homestead and the land, not exceeding one (1) acre, on which the dwelling is located.(2) Real property that consists of:(A) a building that includes two (2) or more dwelling units;(B) any common areas shared by the dwelling units (including any land that is a common area, as described in section 1.2(b)(2) of this chapter); and(C) the land on which the building is located.(3) Land rented or leased for the placement of a manufactured home or mobile home, including any common areas shared by the manufactured homes or mobile homes.The term includes a single family dwelling that is under construction and the land, not exceeding one (1) acre, on which the dwelling will be located. The term does not include real property that consists of a commercial hotel, motel, inn, tourist camp, or tourist cabin.As added by P.L.246-2005, SEC.62. Amended by P.L.162-2006, SEC.7; P.L.146-2008, SEC.221; P.L.131-2008, SEC.4; P.L.288-2013, SEC.22; P.L.166-2014, SEC.4.
IN Code § 6-1.1-20.6-7 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-7. Calculation of Credit

Sec. 7. (a) This subsection applies to property taxes first due and payable in 2009. A person is entitled to a credit against the person's property tax liability for property taxes first due and payable in 2009. The amount of the credit is the amount by which the person's property tax liability attributable to the person's:(1) homestead exceeds one and five-tenths percent (1.5%);(2) residential property exceeds two and five-tenths percent (2.5%);(3) long term care property exceeds two and five-tenths percent (2.5%);(4) agricultural land exceeds two and five-tenths percent (2.5%);(5) nonresidential real property exceeds three and five-tenths percent (3.5%); or(6) personal property exceeds three and five-tenths percent (3.5%);of the gross assessed value of the property that is the basis for determination of property taxes for that calendar year.(b) This subsection applies to property taxes first due and payable in 2009. Property taxes imposed after being approved by the voters in a referendum or local public question shall not be considered for purposes of calculating a person's credit under this section.(c) This subsection applies to property taxes first due and payable in 2009. As used in this subsection, "eligible county" means only a county for which the general assembly determines in 2008 that limits to property tax liability under this chapter are expected to reduce in 2010 the aggregate property tax revenue that would otherwise be collected by all units of local government and school corporations in the county by at least twenty percent (20%). Property taxes imposed in an eligible county to pay debt service or make lease payments for bonds or leases issued or entered into before July 1, 2008, shall not be considered for purposes of calculating a person's credit under this section.As added by P.L.246-2005, SEC.62. Amended by P.L.162-2006, SEC.10; P.L.224-2007, SEC.38; P.L.146-2008, SEC.222; P.L.1-2010, SEC.30.
IN Code § 6-1.1-20.6-7.5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-7.5. Calculation of Credit

Sec. 7.5. (a) A person is entitled to a credit against the person's property tax liability for property taxes first due and payable after 2009. The amount of the credit is the amount by which the person's property tax liability attributable to the person's:(1) homestead exceeds one percent (1%);(2) residential property exceeds two percent (2%);(3) long term care property exceeds two percent (2%);(4) agricultural land exceeds two percent (2%);(5) nonresidential real property exceeds three percent (3%); or(6) personal property exceeds three percent (3%);of the gross assessed value of the property that is the basis for determination of property taxes for that calendar year.(b) This subsection applies to property taxes first due and payable after 2009. Property taxes imposed after being approved by the voters in a referendum or local public question shall not be considered for purposes of calculating a person's credit under this section.(c) This subsection applies to property taxes first due and payable after 2009. As used in this subsection, "eligible county" means only a county for which the general assembly determines in 2008 that limits to property tax liability under this chapter are expected to reduce in 2010 the aggregate property tax revenue that would otherwise be collected by all units of local government and school corporations in the county by at least twenty percent (20%). Property taxes imposed in an eligible county:(1) to pay debt service:(A) on bonds issued before July 1, 2008; or(B) on bonds that:(i) are issued to refund bonds originally issued before July 1, 2008; and(ii) have a maturity date that is not later than the maturity date of the bonds refunded;(2) to make lease payments on leases entered into before July 1, 2008, to secure bonds;(3) to make lease payments on leases:(A) that are amended to refund bonds secured by leases entered into before July 1, 2008; and(B) that have a term that is not longer than the term of the leases amended; or(4) to make lease payments on leases:(A) that secure bonds:(i) issued to refund bonds originally issued before July 1, 2008; and(ii) that have a maturity date that is not later than the maturity date of the bonds refunded; and(B) that have a term that ends not later than the maturity date of the bonds refunded;shall not be considered for purposes of calculating a person's credit under this section.As added by P.L.146-2008, SEC.223. Amended by P.L.205-2013, SEC.77.
IN Code § 6-1.1-20.6-8 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-8. Exemption From Filing Requirement

Sec. 8. Except as provided in section 8.5 of this chapter, a person is not required to file an application for the credit under this chapter. The county auditor shall:(1) identify the property in the county eligible for the credit under this chapter; and(2) apply the credit under this chapter to property tax liability on the identified property.As added by P.L.246-2005, SEC.62. Amended by P.L.162-2006, SEC.11; P.L.146-2008, SEC.224.
IN Code § 6-1.1-20.6-9.5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-9.5. Effect of Credit on Revenues

Sec. 9.5. (a) This section applies only to credits under this chapter against property taxes first due and payable after December 31, 2006.(b) The application of the credit under this chapter results in a reduction of the property tax collections of each political subdivision in which the credit is applied. Except as provided in IC 20-46-1 and IC 20-46-9, a political subdivision may not increase its property tax levy to make up for that reduction.(c) A political subdivision may not borrow money to compensate the political subdivision or any other political subdivision for the reduction of property tax collections referred to in subsection (b).As added by P.L.162-2006, SEC.13. Amended by P.L.172-2011, SEC.41; P.L.218-2013, SEC.11; P.L.272-2019, SEC.2.
IN Code § 6-1.1-20.6-10 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-10. Payment of Debt Service Obligations

Sec. 10. (a) As used in this section, "debt service obligations of a political subdivision" refers to:(1) the principal and interest payable during a calendar year on bonds; and(2) lease rental payments payable during a calendar year on leases;of a political subdivision payable from ad valorem property taxes.(b) Political subdivisions are required by law to fully fund the payment of their debt obligations in an amount sufficient to pay any debt service or lease rentals on outstanding obligations, regardless of any reduction in property tax collections due to the application of tax credits granted under this chapter.(c) Upon the failure of a political subdivision to pay any of the political subdivision's debt service obligations during a calendar year when due, the treasurer of state, upon being notified of the failure by a claimant, shall pay the unpaid debt service obligations that are due from money in the possession of the state that would otherwise be available for distribution to the political subdivision under any other law, deducting the payment from the amount distributed. A deduction under this subsection must be made:(1) first from local income tax distributions under IC 6-3.6-9; and(2) second from any other undistributed funds of the political subdivision in the possession of the state.(d) This section shall be interpreted liberally so that the state shall to the extent legally valid ensure that the debt service obligations of each political subdivision are paid when due. However, this section does not create a debt of the state.As added by P.L.146-2008, SEC.226. Amended by P.L.172-2011, SEC.43; P.L.137-2012, SEC.36; P.L.197-2016, SEC.18.
IN Code § 6-1.1-20.6-11 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 20.6. Credit for Excessive Property Taxes|6-1.1-20.6-11. Report; Effect of Circuit Breaker on Taxing Unit Revenues

Sec. 11. The department of local government finance shall annually publish a report on its Internet web site that lists the amount that each taxing unit's distribution of property taxes will be reduced under section 9.5 of this chapter as a result of the granting of the credits.As added by P.L.146-2008, SEC.227. Amended by P.L.137-2012, SEC.37.