SB 1-5_ Filed 12/03/2003, 16:00 Mays


Text Box


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    WITHDRAWN        Noes _______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


[

HOUSE MOTION ____

]

MR. SPEAKER:

    I move that Engrossed Senate Bill 1 be amended to read as follows:

SOURCE: Page 69, line 40; (04)MO000154.69. -->     Page 69, between lines 40 and 41, begin a new paragraph and insert:
SOURCE: IC 6-1.1-31-6.5; (04)MO000154.41. -->     "SECTION 41. IC 6-1.1-31-6.5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]: Sec. 6.5. (a) This section applies for assessments determined for assessment dates after December 31, 2004.
    (b) The department of local government finance shall, for the purposes described in subsection (c), amend in the department's Real Property Assessment Guidelines for 2002, Version 'A', as in effect on December 1, 2003, the manner in which a neighborhood is defined and delineated for purposes of the assessment of residential real property, including the application of a neighborhood factor for the assessment of residential real property improvements.
    (c) The purposes of the amendment under subsection (b) are to:
        (1) establish a method for the delineation of neighborhoods that prevents the delineation of neighborhoods using different standards; and
        (2) ensure that the neighborhood delineation does not result in assessment disparities between adjoining residential real properties that are:
            (A) comparable with respect to factors used to determine the assessment other than the neighborhood; and
            (B) separated by the neighborhood boundary.
    (d) Assessing officials shall use the neighborhood standards as amended under subsection (b).
".
SOURCE: Page 70, line 34; (04)MO000154.70. -->     Page 70, between lines 34 and 35, begin a new paragraph and insert:
SOURCE: IC 6-1.1-31-9; (04)MO000154.43. -->     "SECTION 43. IC 6-1.1-31-9, AS AMENDED BY P.L.90-2002, SECTION 225, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]: Sec. 9. (a) Except as provided in subsection (b) and IC 6-1.1-31-6.5, the department of local government finance may not adopt rules for the appraisal of real property in a general reassessment after July 1 of the year before the year in which the general reassessment is scheduled to begin.
    (b) If rules for the appraisal of real property in a general reassessment are timely adopted under subsection (a) and are then disapproved by the attorney general for any reason under IC 4-22-2-32, the department of local government finance may modify the rules to cure the defect that resulted in disapproval by the attorney general, and may then take all actions necessary under IC 4-22-2 to readopt and to obtain approval of the rules. This process may be repeated as necessary until the rules are approved.".
    Renumber all SECTIONS consecutively.
    (Reference is to ESB 1 as printed December 2, 2003.)

________________________________________

Representative Mays


MO000154/DI 52     2004