HB 1046-1_ Filed 02/15/2011, 13:56
Adopted 02/15/2011


Text Box

Adopted Rejected


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COMMITTEE REPORT


                                                        YES:

18

                                                        NO:
0

MR. SPEAKER:
    Your Committee on       Ways and Means     , to which was referred       House Bill 1046     , has had the same under consideration and begs leave to report the same back to the House with the recommendation that said bill be amended as follows:

SOURCE: Page 5, line 34; (11)AM104602.5. -->     Page 5, between lines 34 and 35, begin a new paragraph and insert:
    " Sec. 0.5. As used in this chapter, "affiliated group" has the meaning set forth in IC 6-1.1-12.6-0.5.".
    Page 8, between lines 6 and 7, begin a new paragraph and insert:
    " Sec. 9. (a) Subject to section 10 of this chapter, a property owner is entitled to a deduction under this chapter for an assessment date for not more than three (3) residences in inventory in Indiana.
    (b) The auditor of a county (referred to in this section as the "first county") with whom a statement is filed under section 4 of this chapter shall immediately prepare and transmit a copy of the statement to the auditor of any other county (referred to in this section as the "second county") if the property owner that claims the deduction owns or is buying a residence in inventory located in

the second county.
    (c) The county auditor of the second county shall note on the copy of the statement whether the property owner has claimed a deduction for the current year under section 4 of this chapter for a residence in inventory located in the second county. The county auditor shall then return the copy of the statement to the auditor of the first county.
    Sec. 10. The aggregate number of deductions claimed under this chapter for a particular assessment date by the owners of residences in inventory who are a part of an affiliated group may not exceed three (3).
".
    (Reference is to HB 1046 as introduced.)

and when so amended that said bill do pass.

__________________________________

Representative Espich


AM104602/DI 92    2011