Indiana § 6-1.1-12-38 Deduction for improvements to comply with fertilizer storage rules;
prerequisites for filing limitations

Indiana Statutes

§ 6-1.1-12-38 — Deduction for improvements to comply with fertilizer storage rules; prerequisites for filing limitations

Indiana·Art. 1.1 PROPERTY TAXES·Ch. 12 Assessed Value Deductions and Deduction Procedures

(a)A person is entitled to a deduction from the assessed value of the person's property in an amount equal to the difference between:

(1)the assessed value of the person's property, including the assessed value of the improvements made to comply with the fertilizer storage rules adopted by the state chemist under IC 15-16-2-44 and the pesticide storage rules adopted by the state chemist under IC 15-16-4-52; minus

(2)the assessed value of the person's property, excluding the assessed value of the improvements made to comply with the fertilizer storage rules adopted by the state chemist under IC 15-16-2-44 and the pesticide storage rules adopted by the state chemist under IC 15-16-4-52.

(b)To obtain the deduction under this section, a person must file a certified statement in duplicate,

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(a) A person is entitled to a deduction from
the assessed value of the person's property in an amount equal to the
difference between:
(1) the assessed value of the person's property, including the
assessed value of the improvements made to comply with the
fertilizer storage rules adopted by the state chemist under IC 15-16-2-44 and the pesticide storage rules adopted by the state
chemist under IC 15-16-4-52; minus
(2) the assessed value of the person's property, excluding the
assessed value of the improvements made to comply with the
fertilizer storage rules adopted by the state chemist under IC 15-16-2-44 and the pesticide storage rules adopted by the state
chemist under IC 15-16-4-52.
(b) To obtain the deduction under this section, a person must file a
certified statement in duplicate, on forms prescribed by the department
of local government finance, with the auditor of the county in which the
property is subject to assessment. In addition to the certified statement,
the person must file a certification by the state chemist listing the
improvements that were made to comply with the fertilizer storage
rules adopted under IC 15-16-2-44 and the pesticide storage rules
adopted by the state chemist under IC 15-16-4-52. Subject to section
45 of this chapter, the statement must be completed, dated, and filed
with the county auditor on or before January 15 of the immediately
succeeding calendar year. Upon the verification of the statement and
certification by the assessor of the township in which the property is
subject to assessment, or the county assessor if there is no township
assessor for the township, the county auditor shall allow the deduction.
(c) The deduction provided by this section applies only if the
person:
(1) owns the property; or
(2) is buying the property under contract;
on the assessment date for which the deduction applies.
(d) This section applies only to property taxes imposed for an
assessment date before January 1, 2025.
(e) This section expires January 1, 2027.

Indiana § 6-1.1-12-38 (Deduction for improvements to comply with fertilizer storage rules; prerequisites for filing limitations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.41-1992, SEC.3. Amended by P.L.90-2002, SEC.117; P.L.154-2006, SEC.23; P.L.144-2008, SEC.36; P.L.2-2008, SEC.22; P.L.146-2008, SEC.117; P.L.1-2009, SEC.39; P.L.183-2014, SEC.15; P.L.136-2024, SEC.15; P.L.68-2025, SEC.46.