Amount of deduction

Sec. 9. Subject to the requirements of this chapter, the amount of the deduction a property owner is entitled to receive under this chapter for a particular year equals the product of: (1) the assessed value of the building or part of the building that is occupied by the property owner or a tenant of the property owner; multiplied by (2) the percentage determined for the assessment date by the district board under section 8 of this chapter. As added by P.L.238-2017, SEC.18.