Indiana § 36-7-32.5-1 "Base assessed value"

Indiana Statutes

§ 36-7-32.5-1 — "Base assessed value"

Indiana § 36-7-32.5-1

Title 36LOCAL GOVERNMENT

Art. 7PLANNING AND DEVELOPMENT

Ch. 32.5Innovation Development Districts

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Bluebook

Ind. Code § 36-7-32.5-1 (2026).

Text

As used in this chapter, "base assessed value"
means the net assessed value of all the taxable real property that is
assessed as commercial or industrial property under the rules of the
department of local government finance, and taxable personal property,
that is located in an innovation development district as finally
determined for the assessment date immediately preceding the effective
date of the designation by the corporation under section 9 of this
chapter.

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As used in this chapter, "base assessed value"
means the net assessed value of all the taxable real property that is
assessed as commercial or industrial property under the rules of the
department of local government finance, and taxable personal property,
that is located in an innovation development district as finally
determined for the assessment date immediately preceding the effective
date of the designation by the corporation under section 9 of this
chapter.