Recent Developments in Indiana Taxation - I.U. School of Law ...

1120 INDIANA LAW REVIEW [Vol. 40:1103
conservancy district. 170
The GA amended I.C. § 36-9-37-19 (effective January 1, 2007) to apply the
5% interest rate as applies to unpaid property taxes to unpaid municipal water
utility assessments. 171
The GA added a non-code provision that allows delayed property tax
payments made in 2005 for assessment years 2002, 2003, and 2004, to be
deducted from adjusted gross income for the purposes of the state income tax
(effective January 1, 2006). 172
2. House Enrolled Acts (HEA).—The GA amended I.C. § 6-1.1-17-3
(effective July 1, 2006) to require, beginning in 2009, a political subdivision to
complete its budget, tax levy, and proposed tax rate, and to publish and report
this information to the county auditor before August 10 of the calendar year. 173
This amendment also requires the county auditor to send a notice to each
taxpayer by August 10 outlining the current year’s assessed value, property tax
liability to each political subdivision, comparative property tax information for
each political subdivision, and the date of the public hearing on each political
subdivision’s budget, rate, and levy. 174
The GA amended I.C. § 6-1.1-21-3 (effective January 1, 2006) to require
DLGF to make the certifications of eligible property tax replacement amount and
homestead credits to the DOR based on the best information available at the time
the certification is made. 175
The GA amended I.C. § 6-1.1-20-10 (effective March 24, 2006) to prohibit
a political subdivision from compelling an employee or student to promote a
176
position on a petition or remonstrance on a bond or lease. This amendment
also prohibits: the staff and employees of a school corporation from identifying
a student as the child of a parent/guardian who has taken a position on the
petition or remonstrance; a person or organization that has a contract, or formal
or informal arrangement with a school corporation, to spend monies to promote
a position on the petition; and an attorney, architect, construction manager, or a
financial advisor with respect to a controlled project to spend monies to promote
a position on the petition. 177
The GA added I.C. § 6-1.1-20-11 (effective July 1, 2006) to establish test for
the validity of a signature on a document required for a petition and remonstrance
procedure.
178
The GA amended I.C. § 6-1.1-20.6-4 (effective March 24, 2006) to make the
definition of “qualified residential property” (apartment complex, homestead, and
170. Id. § 13.
171. Id. § 16.
172. Id. § 22.
173. Id. § 3.
174. 2006 Ind. Legis. Serv. P.L. 162-2006 (H.E.A. 1001) § 2 (West).
175. Id. § 4.
176. Id. § 5.
177. Id.
178. Id. § 6.