Introduced Version






HOUSE BILL No. 1425

_____


DIGEST OF INTRODUCED BILL



Citations Affected: Noncode.

Synopsis: Property tax exemption. Provides that in the case of a ministry that: (1) is exempt from federal income taxes; (2) owns an eligible property; (3) acquired the eligible property after the 2012 assessment date; and (4) redeemed the eligible property after it was sold for delinquent taxes in 2012; the ministry is not required to pay any property taxes, penalties, or interest with respect to the parcel for the March 1, 2012, assessment date if the taxpayer submits an exemption application for the parcel before September 1, 2013, and demonstrates that the parcel would have qualified for an exemption if an exemption application had been filed in a timely manner. Provides that the ministry is entitled to a refund for any back taxes, penalties, and interest paid with respect to the eligible property or for any amount paid to redeem the eligible property.

Effective: Upon passage.





Porter




    January 22, 2013, read first time and referred to Committee on Ways and Means.







Introduced

First Regular Session 118th General Assembly (2013)


PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
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HOUSE BILL No. 1425



    A BILL FOR AN ACT concerning taxation.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: ; (13)IN1425.1.1. -->     SECTION 1. [EFFECTIVE UPON PASSAGE] (a) This SECTION applies notwithstanding IC 6-1.1-10, IC 6-1.1-11, or any other law or administrative rule or provision.
    (b) This SECTION applies to the March 1, 2009, March 1, 2010, March 1, 2011, and March 1, 2012, assessment dates.
    (c) As used in this SECTION, "eligible property" means a vacant parcel of real property in Marion County that is owned, is occupied, and will be used for educational, literary, scientific, religious, or charitable purposes described in IC 6-1.1-10-16.
    (d) As used in this SECTION, "qualified taxpayer" refers to a ministry that:
        (1) is exempt from federal income taxes;
        (2) owns an eligible property;
        (3) acquired the eligible property after the 2012 assessment date; and
        (4) redeemed the eligible property after it was sold for delinquent taxes in 2012.
    (e) A qualified taxpayer may before September 1, 2013, file a

property tax exemption application and supporting documents claiming a property tax exemption under IC 6-1.1-10-16 and this SECTION for the eligible property for the March 1, 2012, assessment date.
    (f) A property tax exemption application filed under subsection (e) by a qualified taxpayer is considered to have been timely filed.
    (g) If a qualified taxpayer demonstrates in the property tax exemption application filed under subsection (e) or by other means that the eligible property would have qualified for an exemption under IC 6-1.1-10-16 for the March 1, 2012, assessment date if the property tax exemption application had been filed under IC 6-1.1-11 in a timely manner for the March 1, 2012, assessment date:
        (1) the property tax exemption for the eligible property shall be allowed and granted for the March 1, 2012, assessment date by the county assessor and county auditor of Marion County; and
        (2) the qualified taxpayer is not required to pay any property taxes, penalties, or interest with respect to the eligible property for the March 1, 2012, assessment date.
    (h) To the extent the qualified taxpayer has:
        (1) paid any property taxes, penalties, or interest with respect to the eligible property for the March 1, 2009, March 1, 2010, and March 1, 2011, assessment dates; or
        (2) paid to redeem the property under IC 6-1.1-24 and IC 6-1.1-25;
the eligible taxpayer is entitled to a refund of the amounts paid. Notwithstanding the filing deadlines for a claim in IC 6-1.1-26, any claim for a refund filed by an eligible taxpayer under this subsection before September 1, 2013, is considered timely filed.
    (i) The exemption allowed by this SECTION shall be applied without need of any further ruling or action by the county assessor, the county auditor, or the county property tax assessment board of appeals of Marion County or by the Indiana board of tax review.
    (j) This SECTION expires July 1, 2017.

SOURCE: ; (13)IN1425.1.2. -->     SECTION 2. An emergency is declared for this act.