Citations Affected: None (noncode).
Synopsis: Property taxation. Provides a property tax exemption for the 1999 assessment date
to a taxpayer in St. Joseph County that was eligible for the tax exemption but failed to file an
exemption application for that assessment date. Provides that the city of South Bend may grant
a property tax abatement deduction to a taxpayer that has fulfilled all expectations of the city
concerning job creation or retention, capital investment, and other requirements imposed by the
city, but is not eligible for the deduction because of a failure to comply with a requirement of the
abatement statutes. (This conference committee report: (1) adds the provision concerning the
1999 property tax exemption; and (2) deletes the provisions concerning economic development
project districts in South Bend and Fort Wayne.)
Effective: January 1, 1999 (retroactive); January 1, 2001 (retroactive).
MR. PRESIDENT:
Your Conference Committee appointed to confer with a like committee from the House
upon Engrossed House Amendments to Engrossed Senate Bill No. 389 respectfully reports
that said two committees have conferred and agreed as follows to wit:
that the Senate recede from its dissent from all House amendments and that
the Senate now concur in all House amendments to the bill and that the bill
be further amended as follows:
Delete the title and insert the following:
A BILL FOR AN ACT concerning taxation.
(2); and
(4) with respect to the 1999 assessment date, was denied a
property tax exemption for tangible real and personal
property:
(A) owned by the corporation; and
(B) located in the qualifying city referred to in subdivision
(2);
on the grounds that the corporation failed to file an exemption
application for that assessment date.
(d) Notwithstanding
IC 6-1.1-11
, the county auditor of a county
in which tangible real and personal property owned by a qualifying
corporation was located on the 1999 assessment date shall treat
that property as exempt from property tax for that assessment
date.
(e) This SECTION expires January 1, 2002.".
Delete pages 2 through 3.
____________________________ ____________________________
Senator ZakasRepresentative Kromkowski
Chairperson
____________________________ ____________________________
Senator BrodenRepresentative Espich
Senate Conferees House Conferees