Citations Affected: IC 6-1.1; IC 6-6.
Synopsis: Property tax assessments. Conference committee report for ESB 152. Provides that
in the case of real property that is the subject of a property tax appeal in which the gross assessed
value is reduced by the property tax assessment board of appeals (PTABOA), if the assessed
value is increased above the amount determined by the PTABOA the assessor has the burden of
proving that the assessment is correct. Specifies that this provision does not apply to real property
that was valued using the income capitalization approach in an appeal. Specifies that when a
taxpayer is entitled to interest, the interest shall be computed using the rate in effect for each
particular year covered by a refund or credit. Specifies that when a taxpayer is required to pay
interest, the interest shall be computed using the rate in effect for each particular year in which
the interest accrued. (This conference committee report removes the provision that allows
veterans with qualifying disabilities and surviving spouses of qualified veterans and World
War I veterans who do not own certain types of taxable property to claim credits against
the motor vehicle excise tax.)
Effective: July 1, 2013.
MR. SPEAKER:
Your Conference Committee appointed to confer with a like committee from the Senate
upon Engrossed House Amendments to Engrossed Senate Bill No. 152 respectfully reports
that said two committees have conferred and agreed as follows to wit:
that the Senate recede from its dissent from all House amendments and that
the Senate now concur in all House amendments to the bill and that the bill
be further amended as follows:
S
igned by:
____________________________ ____________________________
Senator EckertyRepresentative Davis
Chairperson
____________________________ ____________________________
Senator BrodenRepresentative Kersey
Senate Conferees House Conferees