Citations Affected: IC 6-1.1-3-0.5.
Synopsis: Personal property taxation. Incorporates the rules of the
state board of tax commissioners on the assessment of tangible
personal property into the Indiana Code by reference, and prohibits the
board from adopting changes to the rules or new rules on the same
Effective: Upon passage.
January 16, 2001, read first time and referred to Committee on Finance.
A BILL FOR AN ACT to amend the Indiana Code concerning
IS ADDED TO THE INDIANA CODE
AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
UPON PASSAGE]: Sec. 0.5. (a) 50 IAC 4.2, as in effect on January
1, 2001, is incorporated by reference.
(b) A rule that:
(2) repeals; or
(3) adds to;
50 IAC 4.2, as in effect on January 1, 2001, is void.
(c) A rule adopted after January 1, 2001, that concerns the subject matter of 50 IAC 4.2, as in effect on January 1, 2001, is void.
SECTION 2. An emergency is declared for this act.