Comments: IN SB0308 | 2016 | Regular Session

Bill Title: Local tax matters. Provides that when calculating the base rate for agricultural land for the January 1, 2016, assessment date and each assessment date thereafter, the department of local government finance (DLGF) shall do the following: (1) Use the six most recent years preceding the year in which the assessment date occurs for which data is available (before the highest of those six years is eliminated when determining the rolling average). (2) After determining a preliminary base rate that would apply for the assessment date, adjust the preliminary base rate as follows: (A) If the preliminary base rate for the

Spectrum: Partisan Bill (Republican 13-0)

Status: (Passed) 2016-03-24 - Public Law 180 [SB0308 Detail]

Text: Latest bill text (Enrolled) [PDF]

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