I move that Engrossed Senate Bill 422 be amended to read as follows:
Page 1, between the enacting clause and line 1, begin a new
paragraph and insert:
"SECTION 1.
IC 6-1.1-4-4
, AS AMENDED BY P.L.90-2002,
SECTION 30, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
JULY 1, 2003]: Sec. 4. (a) A general reassessment, involving a
physical inspection of all real property in Indiana, shall begin July 1,
2000, 2007, and each fourth year thereafter. Each reassessment shall
be completed on or before March 1, of the immediately following
even-numbered odd-numbered year, and shall be the basis for taxes
payable in the year following the year in which the general assessment
is to be completed.
(b) In order to ensure that assessing officials and members of each
county property tax assessment board of appeals are prepared for a
general reassessment of real property, the department of local
government finance shall give adequate advance notice of the general
reassessment to the county and township taxing officials of each
county.
"
Renumber all SECTIONS consecutively.
(Reference is to ESB 422 as printed March 21, 2003.)