IN SB0223 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 6 2016 - 25% progression, died in committee
Action: 2016-01-21 - Senator Glick added as third author
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 6 2016 - 25% progression, died in committee
Action: 2016-01-21 - Senator Glick added as third author
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Property tax assessment. Provides, with limited exceptions, that: (1) the only factor permitted to be used in changing the assessed value of most real property from year to year is the annual adjustment factor; and (2) an assessing official may not change the real property's underlying parcel characteristics (including age, grade, or condition of the real property) until the real property has been reassessed under the county's reassessment plan, there is a change in an objective factor or feature relating to a property, or there is a need to correct an error. Provides a process that must be followed by
Title
Property tax assessment. Provides, with limited exceptions, that: (1) the only factor permitted to be used in changing the assessed value of most real property from year to year is the annual adjustment factor; and (2) an assessing official may not change the real property's underlying parcel characteristics (including age, grade, or condition of the real property) until the real property has been reassessed under the county's reassessment plan, there is a change in an objective factor or feature relating to a property, or there is a need to correct an error. Provides a process that must be followed by
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-01-21 | Senate | Senator Glick added as third author |
2016-01-21 | Senate | Senator Kenley added as second author |
2016-01-21 | Senate | Senator Glick removed as second author |
2016-01-07 | Senate | Senator Glick added as second author |
2016-01-06 | Senate | First reading: referred to Committee on Appropriations |
2016-01-06 | Senate | Authored by Senator Eckerty |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2016/bills/senate/223/details |
Text | http://iga.in.gov/static-documents/4/b/b/2/4bb2d0dd/SB0223.01.INTR.pdf |