reglab/housing_qa huggingface dataset:
IN Code § 6-1.1-12.8-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.8. Deduction for Residence in Inventory|6-1.1-12.8-3. Deduction

Sec. 3. (a) This chapter applies only to a residence in inventory that is first assessed as:(1) a partially completed structure; or(2) a fully completed structure;for the assessment date in 2012 or a later year.(b) Except as provided in subsections (c) and (d) and sections 5 and 6 of this chapter, and subject to section 7 of this chapter, a residential builder that is the owner of a residence in inventory is entitled to a deduction from the assessed value of the residence in inventory in the amount of fifty percent (50%) of the assessed value of the residence in inventory for the following:(1) Not more than one (1) assessment date for which the residence in inventory is assessed as a partially completed structure.(2) The assessment date for which the residence in inventory is first assessed as a fully completed structure.(3) The two (2) assessment dates that immediately succeed the assessment date referred to in subdivision (2).(c) A deduction allowed for a residence in inventory under this chapter for a particular assessment date is terminated if title to the residence in inventory is transferred:(1) after the assessment date of that year but before January 1 of the following year; and(2) to a person for whom the real property does not qualify as a residence in inventory.The county auditor shall immediately mail notice of the termination to the former owner, the property owner, and the township assessor (or the county assessor if there is no township assessor for the township). The county auditor shall remove the deduction from the tax duplicate and shall notify the county treasurer of the termination of the deduction.(d) A deduction for a residence in inventory under this chapter does not apply for a particular assessment date if the residence in inventory is leased for any purpose for any part of the calendar year in which the assessment date occurs.As added by P.L.175-2011, SEC.2.
IN Code § 6-1.1-12.8-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.8. Deduction for Residence in Inventory|6-1.1-12.8-4. Required Statement

Sec. 4. (a) A property owner that qualifies for the deduction under this chapter and that desires to receive the deduction must complete and date a statement containing the information required by subsection (b) in the calendar year for which the person desires to obtain the deduction and file the statement with the county auditor on or before January 5 of the immediately succeeding calendar year. The township assessor, or the county assessor if there is no township assessor for the township, shall verify each statement filed under this section, and the county auditor shall:(1) make the deductions; and(2) notify the county property tax assessment board of appeals of all deductions approved;under this section.(b) The statement referred to in subsection (a) must be verified under penalties for perjury and must contain the following information:(1) The assessed value of the real property for which the person is claiming the deduction.(2) The full name and complete business address of the person claiming the deduction.(3) The complete address and a brief description of the real property for which the person is claiming the deduction.(4) The name of any other county in which the person has applied for a deduction under this chapter for that assessment date.(5) The complete address and a brief description of any other real property for which the person has applied for a deduction under this chapter for that assessment date.(6) An affirmation by the owner that the owner is receiving not more than three (3) deductions under this chapter, including the deduction being applied for by the owner, either:(A) as the owner of the residence in inventory; or(B) as an owner that is part of an affiliated group.(7) An affirmation that the real property has not been leased and will not be leased for any purpose during the term of the deduction.As added by P.L.175-2011, SEC.2. Amended by P.L.183-2014, SEC.18; P.L.148-2015, SEC.13.
IN Code § 6-1.1-12.8-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.8. Deduction for Residence in Inventory|6-1.1-12.8-5. Allocation Area; Deduction Disallowed

Sec. 5. A property owner may not receive a deduction under this chapter with respect to a residence in inventory located in an allocation area (as defined in IC 6-1.1-21.2-3).As added by P.L.175-2011, SEC.2.
IN Code § 6-1.1-12.8-6 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.8. Deduction for Residence in Inventory|6-1.1-12.8-6. Restriction on Deductions Under Multiple Statutes

Sec. 6. A property owner that qualifies for a deduction for a year under this chapter and another statute with respect to the same residence in inventory may not receive a deduction under both statutes for the residence in inventory for that year.As added by P.L.175-2011, SEC.2.
IN Code § 6-1.1-12.8-7 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.8. Deduction for Residence in Inventory|6-1.1-12.8-7. Change in Ownership

Sec. 7. (a) If ownership of the residence in inventory changes:(1) a new owner that is a residential builder for which the property is a residence in inventory may claim the deduction under this chapter; and(2) the deduction may not be applied for an assessment date other than the assessment dates to which the deduction could have applied under section 3 of this chapter if ownership had not changed.(b) A person who owns a residence in inventory and claims a deduction under this chapter shall provide to the county auditor a notice that:(1) informs the auditor of a transfer of the ownership of the residence in inventory; and(2) indicates whether the new owner is eligible to receive a deduction under this chapter.The notice required by this subsection must be submitted to the county auditor at the same time that a sales disclosure form is filed under IC 6-1.1-5.5.As added by P.L.175-2011, SEC.2.
IN Code § 6-1.1-12.8-8 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.8. Deduction for Residence in Inventory|6-1.1-12.8-8. Voidance of Rules; Residence in Inventory Property Tax Deduction

Sec. 8. The rules of the department of local government finance at 50 IAC 28 concerning procedures governing applications for the residence in inventory property tax deduction established under this chapter are void. The publisher of the Indiana Administrative Code shall remove 50 IAC 28 from the Indiana Administrative Code.As added by P.L.175-2011, SEC.2. Amended by P.L.148-2015, SEC.14.
IN Code § 6-1.1-12.8-9 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.8. Deduction for Residence in Inventory|6-1.1-12.8-9. Limit on Number of Residences in Inventory

Sec. 9. (a) Subject to section 10 of this chapter, a property owner is entitled to a deduction under this chapter for an assessment date for not more than three (3) residences in inventory in Indiana.(b) The auditor of a county (referred to in this section as the "first county") with whom a statement is filed under section 4 of this chapter shall immediately prepare and transmit a copy of the statement to the auditor of any other county (referred to in this section as the "second county") if the property owner that claims the deduction owns or is buying a residence in inventory located in the second county.(c) The county auditor of the second county shall note on the copy of the statement whether the property owner has claimed a deduction for the current year under section 4 of this chapter for a residence in inventory located in the second county. The county auditor shall then return the copy of the statement to the auditor of the first county.As added by P.L.175-2011, SEC.2.
IN Code § 6-1.1-12.8-10 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.8. Deduction for Residence in Inventory|6-1.1-12.8-10. Affiliated Group Limit

Sec. 10. The aggregate number of deductions claimed under this chapter for a particular assessment date by the owners of residences in inventory who are a part of an affiliated group may not exceed three (3).As added by P.L.175-2011, SEC.2.
IN Code § 6-1.1-12.9-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.9. Legalization of Certain Actions Taken Under Ic 6-1.1-12.1|6-1.1-12.9-1. Application of Section; Legalization of Certain Actions of Designating Body After September 1, 1992, and Before December 31, 1993

Sec. 1. (a) This section applies to the town of Mooresville.(b) Notwithstanding any other law, a designating body's actions taken after September 1, 1992, and before December 31, 1993, in:(1) designating an economic revitalization area; or(2) approving a statement of benefits after the initiation of the installation of new manufacturing equipment for which the person desires to claim a deduction under this chapter;are legalized and validated.As added by P.L.220-2011, SEC.122. Amended by P.L.119-2012, SEC.22.
IN Code § 6-1.1-12.9-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.9. Legalization of Certain Actions Taken Under Ic 6-1.1-12.1|6-1.1-12.9-2. Legalization of Certain Actions of Designating Body After February 1, 1991, and Before December 31, 1993

Sec. 2. (a) As used in this section, "designating body" and "economic revitalization area" have the meanings set forth in IC 6-1.1-12.1-1 (as in effect before July 1, 1995).(b) Notwithstanding any other law, a designating body's actions taken after February 1, 1991, and before July 1, 1995, in:(1) designating an economic revitalization area; or(2) approving a statement of benefits or making required findings of fact after the initiation of the:(A) redevelopment;(B) installation of new manufacturing equipment; or(C) rehabilitation;for which the person desires to claim a deduction under IC 6-1.1-12.1;are legalized and validated.As added by P.L.220-2011, SEC.122.
IN Code § 6-1.1-12.9-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.9. Legalization of Certain Actions Taken Under Ic 6-1.1-12.1|6-1.1-12.9-3. Application of Section; Legalization of Certain Actions of Designating Body Relating to Certain Deductions

Sec. 3. (a) This section applies to rehabilitation or redevelopment that:(1) was initiated after January 1, 1993, and before January 1, 1994; and(2) is in the city of Rensselaer.(b) The definitions in IC 6-1.1-12.1-1 (as in effect before May 10, 1995) apply throughout this section.(c) Notwithstanding section IC 6-1.1-12.1-3 (as in effect before May 10, 1995), the:(1) designation or enlargement of an economic revitalization area;(2) submission of a statement of benefits; and(3) designating body's approval of the statement of benefits;after the initiation of the rehabilitation or redevelopment for which a deduction is claimed under IC 6-1.1-12.1 (as in effect before May 10, 1995) are legalized and validated for deductions claimed for 1994 and subsequent assessment years.As added by P.L.220-2011, SEC.122. Amended by P.L.119-2012, SEC.23.
IN Code § 6-1.1-12.9-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.9. Legalization of Certain Actions Taken Under Ic 6-1.1-12.1|6-1.1-12.9-4. Legalization of Certain Designating Body's Actions in a Consolidated City After February 1, 1991, and Before January 1, 1993

Sec. 4. (a) This section applies to a consolidated city.(b) The definitions in IC 6-1.1-12.1-1 (as in effect before December 31, 1992) apply throughout this section.(c) Notwithstanding any other law, a designating body's actions taken after February 1, 1991, and before January 1, 1993, in designating an economic revitalization area are legalized and validated.(d) The installation of new manufacturing equipment after February 1, 1991, is eligible for the deduction provided under IC 6-1.1-12.1 (as in effect before December 31, 1992) for property taxes first due and payable after December 31, 1992, as granted by resolution adopted by the designating body for the economic revitalization area.As added by P.L.220-2011, SEC.122.
IN Code § 6-1.1-12.9-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.9. Legalization of Certain Actions Taken Under Ic 6-1.1-12.1|6-1.1-12.9-5. City of Winchester; Legalization of Designating Body's Actions Taken Before May 31, 1992, in Designating an Economic Revitalization Area

Sec. 5. (a) This section applies to the city of Winchester.(b) The definitions in IC 6-1.1-12.1-1 (as in effect before December 31, 1992) apply throughout this section.(c) Notwithstanding any other law, a designating body's actions taken before May 31, 1992, in designating an economic revitalization area are legalized and validated.(d) The installation of new manufacturing equipment after March 1, 1991, is eligible for the deduction provided under IC 6-1.1-12.1 (as in effect before December 31, 1992) for property taxes first due and payable after December 31, 1992, as granted by resolution adopted by the designating body for the economic revitalization area.As added by P.L.220-2011, SEC.122. Amended by P.L.119-2012, SEC.24.
IN Code § 6-1.1-12.9-6 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.9. Legalization of Certain Actions Taken Under Ic 6-1.1-12.1|6-1.1-12.9-6. Statement of Benefits Not Required of Certain Taxpayers to Qualify for the Economic Revitalization Area Deduction

Sec. 6. (a) This section applies to a taxpayer that:(1) is located in an economic revitalization area declared under IC 6-1.1-12.1 (as in effect before December 31, 1992) in the city of East Chicago; and(2) with respect to new manufacturing equipment installed by the taxpayer in the economic revitalization area after March 2, 1991, and before March 1, 1992, filed a statement of benefits under IC 6-1.1-12.1-4.5 (as in effect before December 31, 1992) after March 1, 1992, with the designating body for the economic revitalization area.(b) The definitions in IC 6-1.1-12.1-1 (as in effect before December 31, 1992) apply throughout this section.(c) Notwithstanding IC 6-1.1-12.1-4.5 (as in effect before December 31, 1992), a statement of benefits is not required of a taxpayer to qualify for the economic revitalization area deduction under IC 6-1.1-12.1 (as in effect before December 31, 1992) with respect to the new manufacturing equipment described in subsection (a).(d) This section applies to property taxes due and payable after December 31, 1992.As added by P.L.220-2011, SEC.122. Amended by P.L.119-2012, SEC.25.
IN Code § 6-1.1-12.9-7 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.9. Legalization of Certain Actions Taken Under Ic 6-1.1-12.1|6-1.1-12.9-7. Bartholomew County, Floyd County, Kosciusko County, Morgan County; Legalization of Designating Body Actions Taken After February 28, 1993, and Before July 1, 1995

Sec. 7. (a) This section applies to Morgan County, Bartholomew County, Floyd County, and Kosciusko County.(b) Notwithstanding any other law, a designating body's actions taken after July 1, 1991, and before December 31, 1992, in:(1) designating an economic revitalization area; or(2) approving a statement of benefits;after the initiation of the installation of new manufacturing equipment for which a person desires to claim a deduction under IC 6-1.1-12.1 (as in effect before May 10, 1995) are legalized and validated.(c) Notwithstanding any other law, a designating body's actions taken after February 28, 1993, and before July 1, 1995:(1) designating an economic revitalization area;(2) approving a statement of benefits; or(3) retroactively approving a statement of benefits;after initiation of the installation of new manufacturing equipment or rehabilitation or redevelopment of real property for which a person desires to claim a deduction under IC 6-1.1-12.1 (as in effect before May 10, 1995) are legalized and validated.(d) Notwithstanding any other law, a designating body's action taken after February 28, 1993, and before July 1, 1995, incorporating the information required in the statement of benefits in the designating body's findings of fact made in support of designating an area as an economic revitalization area or approving a deduction under IC 6-1.1-12.1 (as in effect before May 10, 1995) is legalized and validated and shall be treated as if the applicant provided the statement of benefits before the final action taken by the designating body.(e) Notwithstanding any other law, a review shall be made of timely filed deduction applications for actions legalized and validated under this section for the purpose of granting deductions under IC 6-1.1-12.1 (as in effect before May 10, 1995) for assessment years after 1991.As added by P.L.220-2011, SEC.122. Amended by P.L.119-2012, SEC.26.
IN Code § 6-1.1-12.9-8 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.9. Legalization of Certain Actions Taken Under Ic 6-1.1-12.1|6-1.1-12.9-8. Eligibility for Certain Tax Deductions Notwithstanding Failure to Take Certain Actions

Sec. 8. (a) This section applies only to property that is located in the town of Remington.(b) The definitions in IC 6-1.1-12.1 (as in effect before January 1, 1994) apply throughout this section.(c) A taxpayer that is otherwise eligible for a tax deduction under IC 6-1.1-12.1 (as in effect before January 1, 1994) but failed to:(1) designate or expand the boundaries of an economic revitalization area;(2) file a statement of benefits or other information with the designating body;(3) have a statement of benefits approved by a designating body;(4) have a deduction under IC 6-1.1-12.1 (as in effect before January 1, 1994) granted by a designating body; or(5) have the designating body make the findings of fact required under IC 6-1.1-12.1 (as in effect before January 1, 1994);before installing new manufacturing equipment or initiating redevelopment or rehabilitation in an economic revitalization area is entitled to a tax deduction under IC 6-1.1-12.1 (as in effect before January 1, 1994) on property for assessment years after 1993 to the same extent as if the taxpayer had installed new manufacturing equipment or initiated redevelopment or rehabilitation after the actions described in subdivisions (1) through (5).(d) The state board of tax commissioners and the county auditor in the county where the property is located shall approve the taxpayer's application for a deduction under IC 6-1.1-12.1 (as in effect before January 1, 1994) on the property as soon as feasible after May 10, 1995.(e) This section applies only to property taxes first due and payable after 1994.As added by P.L.220-2011, SEC.122. Amended by P.L.119-2012, SEC.27.
IN Code § 6-1.1-12.9-9 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.9. Legalization of Certain Actions Taken Under Ic 6-1.1-12.1|6-1.1-12.9-9. City of Shelbyville; Legalization of Designating Body Actions Taken After July 1, 1991, and Before December 31, 1992

Sec. 9. (a) This section applies to the city of Shelbyville.(b) The definitions in IC 6-1.1-12.1 (as in effect before May 10, 1995) apply throughout this section.(c) Notwithstanding any other law, a designating body's actions taken after July 1, 1991, and before December 31, 1992, in:(1) designating an economic revitalization area; or(2) approving a statement of benefits;after the initiation of the installation of new manufacturing equipment for which a person desires to claim a deduction under IC 6-1.1-12.1 (as in effect before May 10, 1995) are legalized and validated.(d) Notwithstanding any other law, a review shall be made of timely filed deduction applications for actions legalized and validated under this section for the purpose of granting deductions under IC 6-1.1-12.1 (as in effect before May 10, 1995) for assessment years after 1991.As added by P.L.220-2011, SEC.122. Amended by P.L.119-2012, SEC.28.
IN Code § 6-1.1-12.9-10 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.9. Legalization of Certain Actions Taken Under Ic 6-1.1-12.1|6-1.1-12.9-10. Benton County; Legalization of Designating Body Actions Taken Before December 31, 1994

Sec. 10. (a) This section applies to Benton County.(b) The definitions in IC 6-1.1-12.1-1 (as in effect before May 10, 1995) apply throughout this section.(c) Notwithstanding any other law, a designating body's actions taken before December 31, 1994, in:(1) designating an economic revitalization area; or(2) approving a statement of benefits;after the initiation of the installation of new manufacturing equipment or after the initiation of the rehabilitation or redevelopment of real estate for which a person desires to claim a deduction under IC 6-1.1-12.1 (as in effect before May 10, 1995) are legalized and validated.As added by P.L.220-2011, SEC.122. Amended by P.L.119-2012, SEC.29.
IN Code § 6-1.1-13-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 13. Review of Current Assessments by County Property Tax Assessment Board of Appeals|6-1.1-13-1. Powers of Board; Notice of Review

Sec. 1. The powers granted to each county property tax assessment board of appeals under this chapter apply only to the tangible property assessments made with respect to the last preceding assessment date. Before a county property tax assessment board of appeals changes any valuation or adds any tangible property and the value of it to a return or the assessment rolls under this chapter, the board shall give prior notice by mail to the taxpayer. The notice must state a time when and place where the taxpayer may appear before the board. The time stated in the notice must be at least thirty (30) days after the date the notice is mailed.[Pre-1975 Property Tax Recodification Citation: 6-1-28-1.]Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.6-1997, SEC.60; P.L.146-2012, SEC.3.
IN Code § 6-1.1-13-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 13. Review of Current Assessments by County Property Tax Assessment Board of Appeals|6-1.1-13-2. County Assessment Lists; Recommendations for Alterations

Sec. 2. When the county property tax assessment board of appeals convenes, the county auditor shall submit to the board the assessment list of the county for the current year as returned by the township assessors (if any) and as amended and returned by the county assessor. The county assessor shall make recommendations to the board for corrections and changes in the returns and assessments. The board shall consider and act upon all the recommendations.[Pre-1975 Property Tax Recodification Citation: 6-1-28-2.]Formerly: Acts 1975, P.L.47, SEC.1. As amended by Acts 1981, P.L.64, SEC.3; P.L.12-1992, SEC.18; P.L.84-1995, SEC.4; P.L.6-1997, SEC.61; P.L.146-2008, SEC.133.
IN Code § 6-1.1-13-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 13. Review of Current Assessments by County Property Tax Assessment Board of Appeals|6-1.1-13-3. Additions of Undervalued or Omitted Property to List

Sec. 3. A county property tax assessment board of appeals shall, on its own motion or on sufficient cause shown by any person, add to the assessment lists the names of persons, the correct assessed value of undervalued or omitted personal property, and the description and correct assessed value of real property undervalued on or omitted from the lists.[Pre-1975 Property Tax Recodification Citation: 6-1-28-3.]Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.6-1997, SEC.62.