for routine administrative purposes such as office communications,
accounting, record keeping, and human resources.
Sec. 4. (a) A county fiscal body may adopt an ordinance
providing that a deduction applies to the assessed value of qualified
personal property located in the county. The deduction is equal to
one hundred percent (100%) of the assessed value of qualified
personal property located in the county for each calendar year
specified in the ordinance. An ordinance adopted under this section
must be adopted before January 1 of the first assessment year for
which a taxpayer may claim a deduction under the ordinance.
(b) An ordinance adopted under subsection (a) must specify the
number of assessment years that a deduction is allowed under this
chapter. However, a deduction may not be allowed for:
(1) less than two (2) assessment years; or
(2) more than ten (10) assessment years.
(c) The fiscal body shall send a certified copy of the ordinance
adopted under subsection (a) to the county assessor and county
auditor. The fiscal body's determination of the number of years the
deduction is allowed is final and may not be changed.
(d) An ordinance adopted under subsection (a) may not allow a
deduction for qualified personal property installed after March 1,
2015.
Sec. 5. (a) To obtain the deduction under this chapter, an owner
of qualified personal property must file a certified deduction
schedule with the county assessor in which the qualified personal
property is located. The department of local government finance
shall prescribe the form of the schedule. A schedule must be filed
for each year the deduction is being claimed.
(b) The schedule must be filed with:
(1) a timely personal property return under IC 6-1.1-3-7(a) or
IC 6-1.1-3-7(b); or
(2) a timely amended personal property return under
IC 6-1.1-3-7.5.
The county assessor shall forward to the county auditor a copy of
each schedule filed.
(c) The schedule must contain at least the following information:
(1) The name of the owner of the qualified personal property.
(2) A description of the qualified personal property and the
address of the real estate on which it is located.
(3) Documentation that the qualified personal property is
located within a certified technology park.
(4) Documentation that the qualified personal property is
primarily used to conduct high technology activity.
(d) The deduction applies to the qualified personal property
claimed in a schedule. However, the county assessor may:
(1) review the schedule; and
(2) before the March 1 that next succeeds the assessment date
for which the deduction is claimed, deny or alter the amount
of the deduction.
If the county assessor does not deny the deduction, the county
auditor shall apply the deduction in the amount claimed in the
schedule or in the amount as altered by the county assessor. A
county assessor who denies a deduction under this subsection or
alters the amount of the deduction shall notify the person that
claimed the deduction and the county auditor of the assessor's
determination.
(e) A person may appeal a determination by the county assessor
to deny or alter the amount of the deduction by requesting in
writing, not more than forty-five (45) days after the county
assessor gives the person notice of the determination, a meeting
with the county assessor. An appeal initiated under this subsection
must be processed and determined in the same manner that an
appeal is processed and determined under IC 6-1.1-15. However,
the county assessor may not participate in any action the county
property tax assessment board of appeals takes with respect to an
appeal of a determination by the county assessor.".
certified technology park can be developed to principally contain
property that is primarily used for, or will be primarily used for,
a high technology activity or a business incubator.
(b) The Indiana economic development corporation may not
approve an application that would result in a substantial reduction or
cessation of operations in another location in Indiana in order to
relocate them within the certified technology park.
(c) A certified technology park designated under this section is
subject to the review of the Indiana economic development corporation
and must be recertified every four (4) years. The corporation shall
develop procedures and the criteria to be used in the review required
by this subsection. A certified technology park shall furnish to the
corporation the following information to be used in the course of the
review:
(1) Total employment and payroll levels for all businesses
operating within the certified technology park.
(2) The nature and extent of any technology transfer activity
occurring within the certified technology park.
(3) The nature and extent of any nontechnology businesses
operating within the certified technology park.
(4) The use and outcomes of any state money made available to
the certified technology park.
(5) An analysis of the certified technology park's overall
contribution to the technology based economy in Indiana.
If a certified technology park is not recertified, the Indiana
economic development corporation shall send a certified copy of a
notice of the determination to the county auditor and to the
department of local government finance.
(d) To the extent allowed under IC 5-14-3, the corporation shall
maintain the confidentiality of any information that is:
(1) submitted as part of the review process under subsection (c);
and
(2) marked as confidential;
by the certified technology park.".
Renumber all SECTIONS consecutively.
(Reference is to ESB 239 as printed February 22, 2010.)