reglab/housing_qa huggingface dataset:
IN Code § 6-1.1-12.4-12 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.4. Investment Deduction|6-1.1-12.4-12. Change of Ownership

Sec. 12. If ownership of the real property or new personal property changes, the deduction under this chapter continues to apply to the real property or personal property, and the amount of deduction is the product of:(1) the percentage under section 2(c)(2)(B) or 3(c)(2)(B) of this chapter that would have applied if the ownership of the property had not changed; multiplied by(2) the assessed value of the real property or personal property for the year the new owner qualifies for the deduction.As added by P.L.193-2005, SEC.8.
IN Code § 6-1.1-12.4-13 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.4. Investment Deduction|6-1.1-12.4-13. Voidance of Rules; Investment Property Tax Deduction

Sec. 13. The rules of the department of local government finance at 50 IAC 22 concerning procedures governing administration of the investment property tax deduction established under this chapter are void. The publisher of the Indiana Administrative Code shall remove 50 IAC 22 from the Indiana Administrative Code.As added by P.L.193-2005, SEC.8. Amended by P.L.148-2015, SEC.9.
IN Code § 6-1.1-12.4-14 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.4. Investment Deduction|6-1.1-12.4-14. Correction of Error in Deduction Amount

Sec. 14. If:(1) as the result of an error the county auditor applies a deduction under this chapter for a particular assessment date in an amount that is less than the amount to which the taxpayer is entitled under this chapter; and(2) the taxpayer is entitled to a correction of the error under this article;the county auditor shall apply the correction of the error in the manner that corrections are applied under IC 6-1.1-12.1-15.As added by P.L.219-2007, SEC.36.
IN Code § 6-1.1-12.5-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.5. Infrastructure Development Zones|6-1.1-12.5-1. "Eligible Infrastructure"

Sec. 1. As used in this chapter, "eligible infrastructure" means the following:(1) Storage, compressed natural gas, liquefied natural gas, transmission, and distribution facilities to be used in the delivery of natural gas, or supplemental or substitute forms of gas sources by a natural gas utility.(2) Facilities and technologies used in the deployment and transmission of broadband service, however defined or classified by the Federal Communications Commission, or advanced services (as defined in 47 CFR 51.5) by a provider of broadband service or advanced services.(3) Facilities used in the treatment, storage, or distribution of water by a water utility.(4) Facilities used in the collection or treatment of wastewater by a wastewater utility.As added by P.L.133-2013, SEC.1. Amended by P.L.91-2017, SEC.1.
IN Code § 6-1.1-12.5-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.5. Infrastructure Development Zones|6-1.1-12.5-2. "Natural Gas Utility"

Sec. 2. As used in this chapter, "natural gas utility" means a utility engaged in the business of furnishing natural gas service to the public.As added by P.L.133-2013, SEC.1.
IN Code § 6-1.1-12.5-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.5. Infrastructure Development Zones|6-1.1-12.5-3. "Person"

Sec. 3. As used in this chapter, "person" means a firm, association, cooperative, corporation, limited liability company, business trust, partnership, or limited liability partnership.As added by P.L.133-2013, SEC.1.
IN Code § 6-1.1-12.5-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.5. Infrastructure Development Zones|6-1.1-12.5-4. Ordinance Designating Infrastructure Development Zone

Sec. 4. A county executive, a municipal legislative body, or, in Marion County, the county fiscal body, may adopt an ordinance designating a geographic territory as an infrastructure development zone after:(1) conducting a public hearing on the proposed ordinance;(2) publishing notice of the public hearing in the manner prescribed by IC 5-3-1; and(3) making the following findings:(A) Adequate eligible infrastructure is not available in the zone.(B) Providing a property tax exemption to a person for investing in eligible infrastructure in the zone will provide:(i) opportunities for increased natural gas usage, increased availability of broadband service, advanced services, and public water or wastewater service; and(ii) economic development benefits;in the zone.As added by P.L.133-2013, SEC.1. Amended by P.L.91-2017, SEC.2.
IN Code § 6-1.1-12.5-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.5. Infrastructure Development Zones|6-1.1-12.5-5. Exemption From Property Taxation

Sec. 5. If an infrastructure development zone is established under this chapter, eligible infrastructure located in the zone is exempt from property taxation.As added by P.L.133-2013, SEC.1.
IN Code § 6-1.1-12.6-0.5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.6. Deduction for Model Residence|6-1.1-12.6-0.5. "Affiliated Group"

Sec. 0.5. As used in this chapter, "affiliated group" means any combination of the following:(1) An affiliated group within the meaning provided in Section 1504 of the Internal Revenue Code (except that the ownership percentage in Section 1504(a)(2) of the Internal Revenue Code shall be determined using fifty percent (50%) instead of eighty percent (80%)) or a relationship described in Section 267(b)(11) of the Internal Revenue Code.(2) Two (2) or more partnerships (as defined in IC 6-3-1-19), including limited liability companies and limited liability partnerships, that have the same degree of mutual ownership as an affiliated group described in subdivision (1).As added by P.L.70-2008, SEC.1. Amended by P.L.1-2009, SEC.41; P.L.148-2015, SEC.10.
IN Code § 6-1.1-12.6-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.6. Deduction for Model Residence|6-1.1-12.6-1. "Model Residence"

Sec. 1. (a) As used in this chapter, "model residence" means real property that consists of a single family residence, single family townhouse, or single family condominium unit that:(1) has never been occupied as a principal residence; and(2) is used for display or demonstration to prospective buyers or lessees for purposes of potential acquisition or lease of a similar type of residence, townhouse, or condominium unit on:(A) the same property; or(B) other property.(b) The term does not include any of the land on which the residence, townhouse, or condominium unit is located.(c) Real property described in subsection (a) that is used by the owner as the owner's regular office space may not be considered a model residence for purposes of this chapter. However, this subsection does not prohibit the use of a garage or other space in the real property:(1) to store or display material used to promote the real property or other similar properties; or(2) as a space for meetings with prospective buyers or lessees.As added by P.L.70-2008, SEC.1.
IN Code § 6-1.1-12.6-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.6. Deduction for Model Residence|6-1.1-12.6-2. Applicability; Amount of Deduction; Termination of Deduction on Sale of Residence

Sec. 2. (a) This section applies only to a model residence that is first assessed as:(1) a partially completed structure; or(2) a fully completed structure;for the assessment date in 2009 or a later year.(b) Except as provided in subsection (c) and sections 4, 5, and 6 of this chapter, and subject to sections 7 and 8 of this chapter, an owner of a model residence is entitled to a deduction from the assessed value of the model residence in the amount of fifty percent (50%) of the assessed value of the model residence for the following:(1) Not more than one (1) assessment date for which the model residence is assessed as a partially completed structure.(2) The assessment date for which the model residence 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 model residence under this chapter for a particular assessment date is terminated if the model residence is sold:(1) after the assessment date of that year but before January 1 of the following year; and(2) to a person who does not continue to use the real property as a model residence.The county auditor shall immediately mail notice of the termination to the former owner, the property owner, and the township assessor. The county auditor shall remove the deduction from the tax duplicate and shall notify the county treasurer of the termination of the deduction.As added by P.L.70-2008, SEC.1.
IN Code § 6-1.1-12.6-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.6. Deduction for Model Residence|6-1.1-12.6-3. Statement to Claim Deduction and Information Required; Filing Requirement; County Auditor Duties

Sec. 3. (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 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.As added by P.L.70-2008, SEC.1. Amended by P.L.183-2014, SEC.17; P.L.148-2015, SEC.11.
IN Code § 6-1.1-12.6-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.6. Deduction for Model Residence|6-1.1-12.6-4. Limitation of Deduction to Three Residences; Procedure for Enforcement

Sec. 4. (a) Subject to section 8 of this chapter, a property owner is entitled to a deduction under this chapter for an assessment date for not more than three (3) model residences 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 3 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 model residence 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 3 of this chapter for a model residence 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.70-2008, SEC.1.
IN Code § 6-1.1-12.6-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.6. Deduction for Model Residence|6-1.1-12.6-5. Deduction Inapplicable in Allocation Area

Sec. 5. A property owner may not receive a deduction under this chapter with respect to a model residence located in an allocation area (as defined in IC 6-1.1-21.2-3).As added by P.L.70-2008, SEC.1.
IN Code § 6-1.1-12.6-6 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.6. Deduction for Model Residence|6-1.1-12.6-6. Prohibition Against Application of the Deduction and a Deduction Under Another Statute

Sec. 6. A property owner that qualifies for a deduction for a year under this chapter and another statute with respect to the same model residence may not receive a deduction under both statutes for the model residence for that year.As added by P.L.70-2008, SEC.1.
IN Code § 6-1.1-12.6-7 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.6. Deduction for Model Residence|6-1.1-12.6-7. Application of the Deduction on Change of Ownership

Sec. 7. (a) If ownership of the model residence changes:(1) a new owner that continues to use the property as a model residence 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 2 of this chapter if ownership had not changed.(b) A person who owns a model residence 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 model residence; 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.70-2008, SEC.1.
IN Code § 6-1.1-12.6-8 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.6. Deduction for Model Residence|6-1.1-12.6-8. Affiliated Group Limited to Three Deductions

Sec. 8. The aggregate number of deductions claimed under this chapter for a particular assessment date by the owners of model residences who are a part of an affiliated group may not exceed three (3).As added by P.L.70-2008, SEC.1.
IN Code § 6-1.1-12.6-9 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.6. Deduction for Model Residence|6-1.1-12.6-9. Voidance of Rules; Model Residence Property Tax Deduction

Sec. 9. The rules of the department of local government finance at 50 IAC 25 concerning procedures governing applications for the model residence property tax deduction established under this chapter are void. The publisher of the Indiana Administrative Code shall remove 50 IAC 25 from the Indiana Administrative Code.As added by P.L.70-2008, SEC.1. Amended by P.L.148-2015, SEC.12.
IN Code § 6-1.1-12.7-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.7. Deduction for Personal Property Within a Certified Technology Park|6-1.1-12.7-1. "Certified Technology Park"

Sec. 1. As used in this chapter, "certified technology park" refers to a certified technology park that is:(1) established under IC 36-7-32; and(2) certified as of the assessment date for which the deduction under this chapter is claimed.As added by P.L.113-2010, SEC.28.
IN Code § 6-1.1-12.7-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.7. Deduction for Personal Property Within a Certified Technology Park|6-1.1-12.7-2. "High Technology Activity"

Sec. 2. As used in this chapter, "high technology activity" has the meaning set forth in IC 36-7-32-7.As added by P.L.113-2010, SEC.28.
IN Code § 6-1.1-12.7-3 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.7. Deduction for Personal Property Within a Certified Technology Park|6-1.1-12.7-3. "Qualified Personal Property"

Sec. 3. As used in this chapter, "qualified personal property" means personal property that is:(1) assessed for the first time after December 31, 2010;(2) located within a certified technology park;(3) primarily used to conduct high technology activity; and(4) not part of the assessed value for which a personal property tax allocation has been made for the payment of the principal of and interest on bonds or lease rentals under IC 5-28-26, IC 6-1.1-39, IC 8-22-3.5, IC 36-7-14, IC 36-7-14.5, IC 36-7-15.1, IC 36-7-30, IC 36-7-30.5, or IC 36-7-32.The term does not include personal property that is used primarily for routine administrative purposes such as office communications, accounting, record keeping, and human resources.As added by P.L.113-2010, SEC.28.
IN Code § 6-1.1-12.7-4 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.7. Deduction for Personal Property Within a Certified Technology Park|6-1.1-12.7-4. Ordinance Authorizing Deduction

Sec. 4. (a) A county fiscal body may adopt an ordinance providing that a deduction applies to the assessed value of qualified personal property located in the county. The deduction is equal to one hundred percent (100%) of the assessed value of qualified personal property located in the county for each calendar year specified in the ordinance. An ordinance adopted under this section must be adopted before January 1 of the first assessment year for which a taxpayer may claim a deduction under the ordinance.(b) An ordinance adopted under subsection (a) must specify the number of assessment years that a deduction is allowed under this chapter. However, a deduction may not be allowed for:(1) less than two (2) assessment years; or(2) more than ten (10) assessment years.(c) The fiscal body shall send a certified copy of the ordinance adopted under subsection (a) to the county assessor, the county auditor, and the Indiana economic development corporation. Subject to this chapter, the fiscal body's determination of the number of years the deduction is allowed is final and may not be changed.(d) An ordinance adopted under subsection (a) may not allow a deduction for qualified personal property installed after March 1, 2015.As added by P.L.113-2010, SEC.28.
IN Code § 6-1.1-12.7-5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.7. Deduction for Personal Property Within a Certified Technology Park|6-1.1-12.7-5. Review; Indiana Economic Development Corporation

Sec. 5. The Indiana economic development corporation shall review an ordinance adopted under this chapter and determine whether it is in the best interest of the development of the certified technology park to permit the deduction. The Indiana economic development corporation, after conducting a hearing, may approve the ordinance, approve the ordinance with modifications, or disapprove the ordinance. An owner of qualified personal property is eligible for a deduction under this chapter only to the extent permitted under an ordinance (as modified by the Indiana economic development corporation) that is approved under this section.As added by P.L.113-2010, SEC.28.
IN Code § 6-1.1-12.7-6 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.7. Deduction for Personal Property Within a Certified Technology Park|6-1.1-12.7-6. Certified Deduction Schedule; Review by County Assessor; Appeal

Sec. 6. (a) To obtain the deduction under this chapter, an owner of qualified personal property must file a certified deduction schedule with the county assessor in which the qualified personal property is located. The department of local government finance shall prescribe the form of the schedule. A schedule must be filed for each year the deduction is being claimed.(b) The schedule must be filed with:(1) a timely personal property return under IC 6-1.1-3-7(a) or IC 6-1.1-3-7(b); or(2) a timely amended personal property return under IC 6-1.1-3-7.5.The county assessor shall forward to the county auditor a copy of each schedule filed.(c) The schedule must contain at least the following information:(1) The name of the owner of the qualified personal property.(2) A description of the qualified personal property and the address of the real estate on which it is located.(3) Documentation that the qualified personal property is located within a certified technology park.(4) Documentation that the qualified personal property is primarily used to conduct high technology activity.(d) The deduction applies to the qualified personal property claimed in a schedule. However, the county assessor may:(1) review the schedule; and(2) before the assessment date that next succeeds the assessment date for which the deduction is claimed, deny or alter the amount of the deduction.If the county assessor does not deny the deduction, the county auditor shall apply the deduction in the amount claimed in the schedule or in the amount as altered by the county assessor. A county assessor who denies a deduction under this subsection or alters the amount of the deduction shall notify the person that claimed the deduction and the county auditor of the assessor's determination.(e) A person may appeal a determination by the county assessor to deny or alter the amount of the deduction by requesting in writing, not more than forty-five (45) days after the county assessor gives the person notice of the determination, a meeting with the county assessor. An appeal initiated under this subsection must be processed and determined in the same manner that an appeal is processed and determined under IC 6-1.1-15. However, the county assessor may not participate in any action the county property tax assessment board of appeals takes with respect to an appeal of a determination by the county assessor.As added by P.L.113-2010, SEC.28. Amended by P.L.245-2015, SEC.10.
IN Code § 6-1.1-12.8-0.5 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.8. Deduction for Residence in Inventory|6-1.1-12.8-0.5. "Affiliated Group"

Sec. 0.5. As used in this chapter, "affiliated group" has the meaning set forth in IC 6-1.1-12.6-0.5.As added by P.L.175-2011, SEC.2.
IN Code § 6-1.1-12.8-1 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.8. Deduction for Residence in Inventory|6-1.1-12.8-1. "Residence in Inventory"

Sec. 1. (a) As used in this chapter, "residence in inventory" means real property that:(1) is not a model residence (as defined in IC 6-1.1-12.6-1); and(2) consists of any of the following that has never been occupied:(A) A single family residence.(B) A single family townhouse.(C) A single family condominium unit.(b) The term does not include any of the land on which the residence, townhouse, or condominium unit is located.(c) Real property described in subsection (a) that is used by the owner as the owner's regular office space may not be considered a residence in inventory for purposes of this chapter. However, this subsection does not prohibit the use of a garage or other space in the real property:(1) to store or display material used to promote the real property or other similar properties; or(2) as a space for meetings with prospective buyers or lessees.As added by P.L.175-2011, SEC.2.
IN Code § 6-1.1-12.8-2 (2021)
2021 Indiana Code|Title 6. Taxation|Article 1.1. Property Taxes|Chapter 12.8. Deduction for Residence in Inventory|6-1.1-12.8-2. "Residential Builder"

Sec. 2. As used in this chapter, "residential builder" means a person that builds any of the following for sale in the ordinary course of the person's trade or business:(1) Single family residences.(2) Single family townhouses.(3) Single family condominium units.As added by P.L.175-2011, SEC.2.