Title 6, TAXATION

Sec. 7. The board may disburse in installments the proceeds of a loan made under this chapter. As added by P.L.182-2009(ss), SEC.150.

Sec. 8. An eligible county may repay a loan made under this chapter from any sources of revenue. As added by P.L.182-2009(ss), SEC.150.

Sec. 9. The obligation to repay a loan made under this chapter is not a basis for the eligible county to obtain an excessive tax levy. As added by P.L.182-2009(ss), SEC.150.

Sec. 1. As used in this chapter, "board" refers to the distressed unit appeal board established by section 4 of this chapter. As added by P.L.224-2007, SEC.36. Amended by P.L.146-2008, SEC.201.

Sec. 10. A distressed political subdivision may petition the tax court for judicial review of a determination of the board under section 6.5 or 6.7 of this chapter. A school corporation may also petition the tax court for judicial review of a determination of the board under sect…

Sec. 11. The tax court shall adopt rules and procedures under which proceedings are heard and decided. As added by P.L.146-2008, SEC.210.

Sec. 12. (a) The burden of demonstrating the invalidity of an action taken by the board is on the party to the judicial review proceeding asserting the invalidity. (b) The validity of an action taken by the distressed unit appeal board shall be determined in accordance with the s…

Sec. 13. (a) If an emergency manager of a distressed political subdivision files a petition with the board for termination of the political subdivision's status as a distressed political subdivision, the board shall conduct a public hearing on the question of whether to terminate…

Sec. 15. (a) The executive of a political subdivision or a majority of the members of the fiscal body of a political subdivision may request technical assistance from the board in helping prevent the political subdivision from becoming a distressed political subdivision. The boar…

Sec. 16. (a) This section applies to a school corporation during the time the school corporation is a distressed political subdivision. (b) The governing body of the distressed political subdivision may not meet more often than once every six (6) months. This limit on the number …

Sec. 2. As used in this chapter, "distressed political subdivision" means a political subdivision designated as a distressed political subdivision under this chapter. As added by P.L.224-2007, SEC.36. Amended by P.L.146-2008, SEC.202; P.L.145-2012, SEC.3; P.L.234-2013, SEC.2; P.L…

Sec. 3. As used in this chapter, "political subdivision" has the meaning set forth in IC 36-1-2-13. As added by P.L.224-2007, SEC.36.

Sec. 4. (a) The distressed unit appeal board is established. (b) The distressed unit appeal board consists of the following members: (1) The director of the office of management and budget or the director's designee. The director or the director's designee shall serve as chairper…

Sec. 5. (a) The board may employ staff who shall serve at the pleasure of the board and carry out the administrative responsibilities assigned by the board. The board may delegate a specific duty, authority, or responsibility assigned to the board under this chapter to the staff.…

Sec. 6. (a) The fiscal body and the executive of a political subdivision may jointly file a petition with the board seeking to have the political subdivision designated as a distressed political subdivision under this chapter. (b) The governing body or the superintendent of a sch…

Sec. 6.5. (a) After the board receives a petition concerning a political subdivision under section 6(a), 6(b)(2), or 6(c) of this chapter, the board may designate the political subdivision as a distressed political subdivision if at least one (1) of the following conditions appli…

Sec. 6.7. (a) As used in this chapter, "township assistance property tax rate" means the property tax rate imposed for the payment of township assistance. In the case of a township that has a separately calculated maximum permissible ad valorem property tax levy for the township'…

distressed political subdivision; powers and duties Sec. 6.8. (a) This section applies only to the Gary Community School Corporation. (b) The general assembly finds that the provisions of this section: (1) are necessary to address the unique issues faced by the Gary Community Sch…

Sec. 7.5. (a) This section does not apply to a school corporation designated before July 1, 2013, as a distressed political subdivision. (b) If a political subdivision is designated as a distressed political subdivision under this chapter, the board shall appoint an emergency man…

Sec. 8.3. After the board receives a petition concerning a school corporation under section 6(b)(1) of this chapter, the board shall review the school corporation's request for a loan from the counter-cyclical revenue and economic stabilization fund under IC 6-1.1-21.4-3(b). The …

Sec. 8.5. (a) This section does not apply to a school corporation designated before July 1, 2013, as a distressed political subdivision. (b) Notwithstanding any other law, an emergency manager of a distressed political subdivision appointed under this chapter shall assume and exe…

Sec. 8.7. A school corporation that is designated a distressed political subdivision may not do any of the following without the approval of the board during the period before the board terminates the school corporation's status as a distressed political subdivision: (1) Acquire …

Sec. 9. The board shall meet at least annually. However, the board may meet more frequently if the members of the board determine that additional meetings are necessary. The board shall keep a record of its proceedings and its orders. IC 5-14-1.5 (the open door law) applies to th…

Sec. 9.9. (a) A petition may be filed with the board to appeal a decision by the emergency manager. (b) Two hundred fifty (250) or more individuals residing within the distressed political subdivision who are of the opinion that the decision by the emergency manager is not fair o…

Sec. 1. As used in this chapter, "homestead" has the meaning set forth in IC 6-1.1-12-37. As added by P.L.246-2005, SEC.61. Amended by P.L.1-2009, SEC.44.

Sec. 2. As used in this chapter, "property tax liability" means liability for the tax imposed on property under this article determined after application of all credits and deductions under this article, except the credit under this chapter, but does not include any interest or p…

Sec. 3. As used in this chapter, "revenue" includes revenue received by a political subdivision under any law or from any person. As added by P.L.246-2005, SEC.61.

Sec. 4. (a) A political subdivision may adopt an ordinance or resolution each year to provide for the use of revenue for the purpose of providing a homestead credit the following year to homesteads. An ordinance must be adopted under this section before December 31 for credits to…

Sec. 5. An ordinance or resolution adopted under this chapter must provide for a homestead credit that is either a uniform: (1) percentage of the net property taxes due on the homestead after the application of all other deductions and credits; or (2) dollar amount applicable to …

Sec. 6. If the credit under this chapter is authorized for property taxes first due and payable in a calendar year, a person is entitled to a credit against the person's property tax liability for property taxes first due and payable in that calendar year attributable to the pers…

Sec. 7. A person is not required to file an application for the credit under this chapter. The county auditor shall: (1) identify qualified homesteads in the political subdivision that are eligible for the credit under this chapter; and (2) apply the credit under this chapter to …

Sec. 8. If an ordinance or resolution is adopted under this chapter, the county auditor shall, for the calendar year in which a homestead credit is authorized under this chapter, account for the revenue used to provide the homestead credit in a manner so that no other political s…

Sec. 9. The application of the credit under this chapter results in a reduction of the property tax collections of the political subdivision which provided the credit. A political subdivision may not increase its property tax levy to make up for that reduction. As added by P.L.24…

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…

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.

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, …

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.

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…

Sec. 11. The department of local government finance shall annually publish a report on its website 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. As added b…

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 distribution of property taxes will be reduced under section 9.5 …

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…

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…

Sec. 14. (a) This section applies only for property taxes first due and payable in 2026. (b) Notwithstanding any provision to the contrary in this chapter, a school corporation is eligible to allocate the effects of supplemental homestead credits granted under IC 6-1.1-20.6-7.7 f…

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…

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…

Sec. 2.4. As used in this chapter, "manufactured home" has the meaning set forth in IC 9-13-2-96(a). The term includes a mobile home (as defined in IC 9-13-2-103.2). As added by P.L.146-2008, SEC.217. Amended by P.L.157-2026, SEC.75.