HB 2008-9_ Filed 03/03/2003, 07:29 Buell


Text Box


    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______
    RULED OUT OF ORDER


[

HOUSE MOTION ____

]

MR. SPEAKER:

    I move that House Bill 2008 be amended to read as follows:

SOURCE: Page 50, line 16; (03)MO200825.50. -->     Page 50, between lines 16 and 17, begin a new paragraph and insert:
SOURCE: IC 6-1.1-3-22; (03)MO200825.28. -->     "SECTION 28. IC 6-1.1-3-22 , AS ADDED BY P.L.192-2002(ss), SECTION 28, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2003]: Sec. 22. (a) Except to the extent that it conflicts with a statute, 50 IAC 4.2 (as in effect January 1, 2001) is incorporated by reference into this section.
    (b) Tangible personal property within the scope of 50 IAC 4.2 (as in effect January 1, 2001) shall be assessed on the assessment dates in calendar years 2003 and thereafter in conformity with 50 IAC 4.2 (as in effect January 1, 2001), except that the rate of total valuation percentage to apply to a taxpayer in a taxing district under 50 IAC 4.2-4-9 is the following:
        (1) Twenty-five percent (25%) on an assessment date in 2004 for property taxes first due and payable in 2005.
        (2) Twenty percent (20%) on an assessment date in 2005 for property taxes first due and payable in 2006.
        (3) Ten percent (10%) on an assessment date in 2006 and each year thereafter for property taxes first due and payable in 2007 and each year thereafter.

    (c) The publisher of the Indiana Administrative Code may continue to publish 50 IAC 4.2 (as in effect January 1, 2001) in the Indiana Administrative Code.
    (d) 50 IAC 4.3 and any other rule to the extent that it conflicts with

this section is void.
    (e) A reference in 50 IAC 4.2 to a governmental entity that has been terminated or a statute that has been repealed or amended shall be treated as a reference to its successor.

SOURCE: IC 6-1.1-8-44; (03)MO200825.29. -->     SECTION 29. IC 6-1.1-8-44 , AS ADDED BY P.L.192-2002(ss), SECTION 29, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2003]: Sec. 44.(a) Except to the extent that it conflicts with a statute, 50 IAC 5.1 (as in effect January 1, 2001) is incorporated by reference into this section.
    (b) Tangible personal property within the scope of 50 IAC 5.1 (as in effect January 1, 2001) shall be assessed on the assessment dates in calendar years 2003 and thereafter in conformity with 50 IAC 5.1 (as in effect January 1, 2001), except that the rate of total valuation percentage to apply to a taxpayer in a taxing district under 50 IAC 5.1-6-9 is the following:
        (1) Twenty-five percent (25%) on an assessment date in 2004 for property taxes first due and payable in 2005.
        (2) Twenty percent (20%) on an assessment date in 2005 for property taxes first due and payable in 2006.
        (3) Ten percent (10%) on an assessment date in 2006 and each year thereafter for property taxes first due and payable in 2007 and each year thereafter.

    (c) The publisher of the Indiana Administrative Code may continue to publish 50 IAC 5.1 (as in effect January 1, 2001) in the Indiana Administrative Code.
    (d) 50 IAC 5.2 and any other rule to the extent that it conflicts with this section is void.
    (e) A reference in 50 IAC 5.1 to a governmental entity that has been terminated or a statute that has been repealed or amended shall be treated as a reference to its successor.".
    Renumber all SECTIONS consecutively.
    (Reference is to HB 2008 as printed February 26, 2003.)

________________________________________

Representative Buell


MO200825/DI 51     2003