IN HB1257 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 12 2010 - 25% progression, died in committee
Action: 2010-01-12 - First reading: referred to Committee on Rules and Legislative Procedures
Pending: House Rules and Legislative Procedures Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 12 2010 - 25% progression, died in committee
Action: 2010-01-12 - First reading: referred to Committee on Rules and Legislative Procedures
Pending: House Rules and Legislative Procedures Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires that annual adjustments in the assessed value of real property for property tax purposes must be based on appropriate market factors. Transfers the responsibility for establishing market factors for the annual adjustment of property assessments to the department of local government finance (DLGF). Requires the DLGF to base adjustment factors on an analysis of value changes occurring to large samples of similarly situated properties located in more than one county. Allows the county assessor to adjust a market factor with the DLGF's approval. Makes other related changes.
Title
Real property assessed values and trending.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-12 | First reading: referred to Committee on Rules and Legislative Procedures | |
| 2010-01-12 | Authored by Representative Espich |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2010&session=1&request=getBill&doctype=HB&docno=1257 |
| Text | http://www.in.gov/legislative/bills/2010/IN/IN1257.1.html |
