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Indiana General Assembly
House Bill 1249


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House Bill 1249

ARCHIVE (2009)

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Treatment of unsold homes as inventory. Provides that single family residential property (other than land) is considered inventory and is therefore not subject to property taxation if the property: (1) is held by the builder on the assessment date in the ordinary course of the builder's trade or business; and (2) has never been occupied for any purpose.
Current Status:
 In Committee - first House
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