Title 6, TITLE 6. TAXATION
297 chapters · 4,481 sections in this title.
Ind. Code § 6-1.1-20.6-0.3 General assembly findings
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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…
Ind. Code § 6-1.1-20.6-0.5 "Agricultural land"
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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. IC 6-1.1-20.6-1 Repealed As added by P.L.2…
Ind. Code § 6-1.1-20.6-1.2 "Common areas"
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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, …
Ind. Code § 6-1.1-20.6-1.6 "Gross assessed value"
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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.
Ind. Code § 6-1.1-20.6-10 Payment of debt service obligations
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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 payabl…
Ind. Code § 6-1.1-20.6-11 Report; effect of circuit breaker on taxing unit revenues
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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. …
Ind. Code § 6-1.1-20.6-11.1 Department of local government finance estimates of reduction
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of property taxes by credits; information to be provided by taxing units Sec. 11.1. (a) Before August 1 of each year, the department of local government finance shall provide to each taxing unit that levies property taxes an estimate of the amount by which the taxing unit's distr…
Ind. Code § 6-1.1-20.6-12 Application of credit of excise tax distribution calculations
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Sec. 12. For purposes of computing and distributing after 2008 any excise taxes or local option income taxes for which the distribution is based on the amount of a taxing unit's property tax levy, the computation and distribution of the excise tax or local option income tax shall…
Ind. Code § 6-1.1-20.6-13 Allocation of credits by distressed political subdivisions
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Sec. 13. (a) A political subdivision is eligible to allocate credits proportionately under this section if the distressed unit appeal board has approved the waiver request of the emergency manager for the political subdivision under IC 6-1.1-20.3-8.5. (b) For a political subdivis…
Ind. Code § 6-1.1-20.6-2 "Homestead"
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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 add…
Ind. Code § 6-1.1-20.6-2.3 "Long term care property"
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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 define…
Ind. Code § 6-1.1-20.6-2.4 "Manufactured home"; "mobile home"
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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.
Ind. Code § 6-1.1-20.6-2.5 "Nonresidential real property"
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Note: This version of section effective 1-1-2024. See also preceding version of this section, effective until 1-1-2024. Sec. 2.5. As used in this chapter, "nonresidential real property" refers to real property that is not: (1) a homestead; (2) residential property; (3) long term …
Ind. Code § 6-1.1-20.6-3 "Property tax liability"
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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 o…
Ind. Code § 6-1.1-20.6-3.5 Repealed
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As added by P.L.146-2008, SEC.220. Repealed by P.L.182-2009(ss), SEC.465.
Ind. Code § 6-1.1-20.6-4 "Residential property"
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Note: This version of section effective 1-1-2024. See also preceding version of this section, effective until 1-1-2024. 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 …
Ind. Code § 6-1.1-20.6-5 Repealed
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As added by P.L.246-2005, SEC.62. Repealed by P.L.146-2008, SEC.811.
Ind. Code § 6-1.1-20.6-6 Repealed
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As added by P.L.246-2005, SEC.62. Amended by P.L.162-2006, SEC.8. Repealed by P.L.146-2008, SEC.811.
Ind. Code § 6-1.1-20.6-6.5 Repealed
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As added by P.L.162-2006, SEC.9. Amended by P.L.1-2007, SEC.43; P.L.224-2007, SEC.37. Repealed by P.L.146-2008, SEC.811.
Ind. Code § 6-1.1-20.6-7 Calculation of credit
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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 propert…
Ind. Code § 6-1.1-20.6-7.5 Calculation of credit
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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 …
Ind. Code § 6-1.1-20.6-8 Exemption from filing requirement
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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 und…
Ind. Code § 6-1.1-20.6-8.5 Additional credit for certain homesteads; eligibility and filing
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requirements; cost of living adjustment Sec. 8.5. (a) This section applies to an individual who: (1) qualified for a standard deduction granted under IC 6-1.1-12-37 for the individual's homestead property in the immediately preceding calendar year (or was married at the time of d…
Ind. Code § 6-1.1-20.6-9 Repealed
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As added by P.L.246-2005, SEC.62. Amended by P.L.162-2006, SEC.12; P.L.2-2006, SEC.56; P.L.1-2007, SEC.44. Repealed by P.L.146-2008, SEC.810.
Ind. Code § 6-1.1-20.6-9.5 Effect of credit on revenues
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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…
Ind. Code § 6-1.1-20.6-9.8 Allocation of taxes exempted from credit
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Sec. 9.8. (a) This section applies to property taxes first due and payable after December 31, 2009. (b) The following definitions apply throughout this section: (1) "Debt service obligations of a political subdivision" refers to: (A) the principal and interest payable during a ca…
Ind. Code § 6-1.1-20.6-9.9 Allocation of credits by eligible school corporations
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Sec. 9.9. (a) This subsection applies to credits allocated before January 1, 2024. If: (1) a school corporation after July 1, 2016, issues new bonds or enters into a new lease rental agreement for which the school corporation is imposing or will impose a debt service levy other t…