SOURCE: Page 11, line 40; (06)MO014802.11. -->
Page 11, line 40, reset in roman "homesteads".
Page 11, line 40, after "homesteads" insert "
or".
Page 11, line 41, delete "section 26(b)(4)" and insert "
section 26".
Page 11, line 41, after "chapter)" insert "
as appropriate under the
ordinance adopted by the adopting entity under section 26 of this
chapter".
Page 12, line 38, after "homestead" insert "
and property tax
replacement".
Page 13, delete lines 9 through 15, begin a new line block indented
and insert:
"
(4) "Residential" refers to the following:
(A) Real property, a mobile home, and industrialized
housing that would qualify as a homestead if the taxpayer
had filed for a homestead credit under IC 6-1.1-20.9.
(B) Real property not described in clause (A) designed to
provide units that are regularly used to rent or otherwise
furnish residential accommodations for periods of thirty
(30) days or more, regardless of whether the tangible
property is subject to assessment under rules of the
department of local government finance that apply to:
(i) residential property; or
(ii) commercial property.".
(Reference is to ESB 148 as printed February 17, 2006.)
________________________________________
MO014802/DI 52 2006