Title 6, TITLE 6. TAXATION
297 chapters · 4,481 sections in this title.
Ind. Code § 6-1.1-12.1-0.3 Legalization of designation of economic revitalization area
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before February 1, 1991 Sec. 0.3. Notwithstanding any other law, a designating body's actions taken before February 1, 1991, in retroactively designating an economic revitalization area are legalized and validated. As added by P.L.220-2011, SEC.121.
Ind. Code § 6-1.1-12.1-1 Definitions
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Sec. 1. For purposes of this chapter: (1) "Economic revitalization area" means an area which is within the corporate limits of a city, town, or county which has become undesirable for, or impossible of, normal development and occupancy because of a lack of development, cessation …
Ind. Code § 6-1.1-12.1-10 Retroactive approval of statement of benefits; applicability
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Sec. 10. (a) This section applies to a town having a population of more than one thousand (1,000) located in a county having a population of more than twenty-eight thousand (28,000) and less than twenty-eight thousand one hundred eighty-one (28,181). (b) Notwithstanding sections …
Ind. Code § 6-1.1-12.1-11 Repealed
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As added by P.L.25-1995, SEC.25. Amended by P.L.4-2005, SEC.36. Repealed by P.L.53-2014, SEC.71. IC 6-1.1-12.1-11.3 Waiver of noncompliance Sec. 11.3. (a) This section applies only to the following requirements: (1) Failure to provide the completed statement of benefits form to t…
Ind. Code § 6-1.1-12.1-12 Repayment of deduction falsely obtained; appeal; calculation;
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distribution of repayment Sec. 12. (a) A property owner that has received a deduction under section 3, or 4.5 of this chapter is subject to the provisions of this section if the designating body adopts a resolution incorporating the provisions of this section for the economic rev…
Ind. Code § 6-1.1-12.1-12.5 Distribution of reimbursement, repayment, or penalty imposed
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for failure to comply with requirements Sec. 12.5. Except as provided in section 12(f) of this chapter, if a county or municipality receives a reimbursement, repayment, or penalty from a taxpayer on account of the taxpayer's failure to comply with the statement of benefits provid…
Ind. Code § 6-1.1-12.1-13 Department of local government finance rules
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Sec. 13. The department of local government finance shall adopt rules under IC 4-22-2 to implement this chapter. As added by P.L.245-2003, SEC.12.
Ind. Code § 6-1.1-12.1-14 Local government authority to impose fee with consent of
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property owner; fee amount; distribution Sec. 14. (a) This section does not apply to: (1) a deduction under section 3 of this chapter for property located in a residentially distressed area; or (2) any other deduction under section 3 or 4.5 of this chapter for which a statement o…
Ind. Code § 6-1.1-12.1-15 Correction of deduction errors
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Sec. 15. (a) If: (1) as the result of an error by a taxpayer 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…
Ind. Code § 6-1.1-12.1-16 Repealed
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As added by P.L.173-2011, SEC.8. Repealed by P.L.288-2013, SEC.19.
Ind. Code § 6-1.1-12.1-17 Abatement schedules
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Sec. 17. (a) A designating body may provide to a business that is established in or relocated to a revitalization area and that receives a deduction under section 4 or 4.5 of this chapter an abatement schedule based on the following factors: (1) The total amount of the taxpayer's…
Ind. Code § 6-1.1-12.1-18 Enhanced abatement for certain business personal property;
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specification of percentage amount; maximum duration; review of compliance with statement of benefits Sec. 18. (a) This section applies to a deduction provided under section 4.5 of this chapter for new personal property with respect to a statement of benefits approved after June …
Ind. Code § 6-1.1-12.1-2 Findings by designating body; economic revitalization area;
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residentially distressed area; conditions; property tax deductions; fees Sec. 2. (a) A designating body may find that a particular area within its jurisdiction is an economic revitalization area. However, the deduction provided by this chapter for economic revitalization areas no…
Ind. Code § 6-1.1-12.1-2.3 Repealed
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As added by P.L.64-2004, SEC.6 and P.L.81-2004, SEC.50. Repealed by P.L.216-2005, SEC.9.
Ind. Code § 6-1.1-12.1-2.5 Economic revitalization area; maps; boundaries; resolution;
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notice; determination; appeal Sec. 2.5. (a) If a designating body finds that an area in its jurisdiction is an economic revitalization area, it shall either: (1) prepare maps and plats that identify the area; or (2) prepare a simplified description of the boundaries of the area b…
Ind. Code § 6-1.1-12.1-2.6 Formal tax abatement or incentive request for a project in an
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excluded city; notice and response Sec. 2.6. (a) This section applies only to a county having a consolidated city. (b) As used in this section "excluded city" has the meaning set forth in IC 36-3-1-7. (c) A designating body or a contracted entity working on the designating body's…
Ind. Code § 6-1.1-12.1-3 Statement of benefits; form; findings; period of deduction;
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resolution; excluded facilities Sec. 3. (a) An applicant must provide a statement of benefits to the designating body. If the designating body requires information from the applicant for economic revitalization area status for use in making its decision about whether to designate…
Ind. Code § 6-1.1-12.1-4 Annual deduction; amount; percentage; period of deduction;
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effect of reassessment Sec. 4. (a) Except as provided in section 2(i)(4) of this chapter, and subject to section 15 of this chapter, the amount of the deduction which the property owner is entitled to receive under section 3 of this chapter for a particular year equals the produc…
Ind. Code § 6-1.1-12.1-4.1 Application of sections; residentially distressed areas;
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deduction allowed Sec. 4.1. (a) Section 4 of this chapter applies to economic revitalization areas that are not residentially distressed areas. (b) This subsection applies to deductions approved before July 1, 2013, for the redevelopment or rehabilitation of property located in e…
Ind. Code § 6-1.1-12.1-4.5 Statement of benefits; findings by designating body; deduction
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periods, amounts, and limitations Sec. 4.5. (a) An applicant must provide a statement of benefits to the designating body. The applicant must provide the completed statement of benefits form to the designating body before the hearing specified in section 2.5(c) of this chapter or…
Ind. Code § 6-1.1-12.1-4.6 Relocation of new manufacturing equipment
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Sec. 4.6. (a) A designating body may adopt a resolution to authorize a property owner to relocate new manufacturing equipment for which a deduction is being granted under this chapter. The resolution may provide that the new manufacturing equipment may only be relocated to: (1) a…
Ind. Code § 6-1.1-12.1-4.7 Deduction for new manufacturing equipment; exemptions
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Sec. 4.7. (a) Section 4.5(d) of this chapter does not apply to new manufacturing equipment located in a township having a population of more than three thousand nine hundred (3,900) and less than seven thousand (7,000) located in a county having a population of more than forty-th…
Ind. Code § 6-1.1-12.1-4.8 Property owner statement of benefits; findings by designating
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body; deduction periods, amounts, and limitations Sec. 4.8. (a) A property owner that is an applicant for a deduction under this section must provide a statement of benefits to the designating body. (b) If the designating body requires information from the property owner for the …
Ind. Code § 6-1.1-12.1-5 Real property application; filing requirements; change in
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property ownership; assessor review; county auditor; determination; appeal Sec. 5. (a) A property owner who desires to obtain the deduction provided by section 3 of this chapter must file a certified deduction application, on forms prescribed by the department of local government…
Ind. Code § 6-1.1-12.1-5.1 Application; compliance with statement of benefits
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Sec. 5.1. (a) This subsection applies to all deductions under section 3 of this chapter for property located in a residentially distressed area. In addition to the requirements of section 5(c) of this chapter, a deduction application filed under section 5 of this chapter must con…
Ind. Code § 6-1.1-12.1-5.4 Personal property schedule; filing requirements; township
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assessor or county assessor review; change in property ownership; appeal Sec. 5.4. (a) A person that desires to obtain the deduction provided by section 4.5 of this chapter must file a certified deduction schedule with the person's personal property return on a form prescribed by…
Ind. Code § 6-1.1-12.1-5.5 Repealed
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As added by Acts 1981, P.L.72, SEC.5. Amended by P.L.63-1985, SEC.1; P.L.74-1987, SEC.8; P.L.56-1988, SEC.9; P.L.56-1991, SEC.3; P.L.43-1992, SEC.1; P.L.65-1993, SEC.8; P.L.25-1995, SEC.21; P.L.6-1997, SEC.59; P.L.4-2000, SEC.8. Repealed by P.L.198-2001, SEC.122.
Ind. Code § 6-1.1-12.1-5.6 Compliance with statement of benefits; confidentiality of
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information Sec. 5.6. (a) In addition to the requirements of section 5.4(b) of this chapter, a property owner who files a deduction schedule under section 5.4 of this chapter must provide the county auditor and the designating body with information showing the extent to which the…
Ind. Code § 6-1.1-12.1-5.7 Repealed
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As added by P.L.198-2001, SEC.40. Repealed by P.L.56-1988, SEC.16 and P.L.1-2002, SEC.171.
Ind. Code § 6-1.1-12.1-5.8 Waiver of statement of benefits
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Sec. 5.8. In lieu of providing the statement of benefits required by section 3 or 4.5 of this chapter and the additional information required by section 5.1 or 5.6 of this chapter, the designating body may, by resolution, waive the statement of benefits if the designating body fi…
Ind. Code § 6-1.1-12.1-5.9 Determination of substantial compliance with statement of
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benefits; notice of noncompliance; hearing; resolution; appeal Sec. 5.9. (a) This section does not apply to a deduction under section 3 of this chapter for property located in a residentially distressed area. (b) Not later than forty-five (45) days after receipt of the informatio…
Ind. Code § 6-1.1-12.1-6 Multiple deductions barred
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Sec. 6. (a) A property owner may not receive a deduction under this chapter for repairs or improvements to real property if the property owner receives a deduction under either IC 6-1.1-12-18 (before its expiration) or IC 6-1.1-12-22 (before its expiration) for those same repairs…
Ind. Code § 6-1.1-12.1-7 Economic development target area; designation
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Sec. 7. (a) After favorable recommendation by an economic development commission, the fiscal body of a city, town, or county may by ordinance designate as an economic development target area a specific geographic territory that: (1) has become undesirable or impossible for normal…
Ind. Code § 6-1.1-12.1-8 Publishing and filing deduction information
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Sec. 8. (a) Not later than December 31 of each year, the county auditor shall publish the following in a newspaper of general interest and readership and not one of limited subject matter: (1) A list of the deduction applications that were filed under this chapter during that yea…
Ind. Code § 6-1.1-12.1-9 Deadline for approval of statement of benefits; extension
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Sec. 9. Notwithstanding any other provision of this chapter, a designating body may not approve a statement of benefits for a deduction under section 3, 4.5, or 4.8 of this chapter after the approval deadline, which is determined in the following manner: (1) The initial approval …
Ind. Code § 6-1.1-12.1-9.5 Waiver of noncompliance
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Sec. 9.5. (a) As used in this section, "clerical error" includes mathematical errors and omitted signatures. (b) Except as provided in section 9 of this chapter, the designating body may by resolution waive noncompliance with the following requirements in this chapter with respec…