Indiana § 6-1.1-12-44 Sales disclosure form serves as application for certain deductions;
limitations

Indiana Statutes

§ 6-1.1-12-44 — Sales disclosure form serves as application for certain deductions; limitations

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

(a)A sales disclosure form under IC 6-1.1-5.5:

(1)that is submitted:

(A)as a paper form; or

(B)electronically; on or before January 15 of a calendar year in which property taxes are first due and payable to the county assessor by or on behalf of the purchaser of a homestead (as defined in section 37 of this chapter) assessed as real property;

(2)that is accurate and complete;

(3)that is approved by the county assessor as eligible for filing with the county auditor; and

(4)that is filed:

(A)as a paper form; or

(B)electronically; with the county auditor by or on behalf of the purchaser; constitutes an application for the deductions provided by sections 26 (before its expiration), 29 (before its expiration), 33 (before its expiration), 34 (before its expiration), and 37 of this chapt

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(a) A sales disclosure form under IC 6-1.1-5.5:
(1) that is submitted:
(A) as a paper form; or
(B) electronically;
on or before January 15 of a calendar year in which property taxes
are first due and payable to the county assessor by or on behalf of
the purchaser of a homestead (as defined in section 37 of this
chapter) assessed as real property;
(2) that is accurate and complete;
(3) that is approved by the county assessor as eligible for filing
with the county auditor; and
(4) that is filed:
(A) as a paper form; or
(B) electronically;
with the county auditor by or on behalf of the purchaser;
constitutes an application for the deductions provided by sections 26
(before its expiration), 29 (before its expiration), 33 (before its
expiration), 34 (before its expiration), and 37 of this chapter with
respect to property taxes first due and payable in the calendar year
referred to in subdivision (1). The county auditor may not deny an
application for the deductions provided by section 37 of this chapter
because the applicant does not have a valid driver's license or state
identification card with the address of the homestead property.
(b) Except as provided in subsection (c), if:
(1) the county auditor receives in a calendar year a sales
disclosure form that meets the requirements of subsection (a); and
(2) the homestead for which the sales disclosure form is submitted
is otherwise eligible for a deduction referred to in subsection (a);
the county auditor shall apply the deduction to the homestead for
property taxes first due and payable in the calendar year for which the
homestead qualifies under subsection (a) and in any later year in which
the homestead remains eligible for the deduction.
(c) Subsection (b) does not apply if the county auditor, after
receiving a sales disclosure form from or on behalf of a purchaser
under subsection (a)(4), determines that the homestead is ineligible for
the deduction.

Indiana § 6-1.1-12-44 (Sales disclosure form serves as application for certain deductions; limitations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.144-2008, SEC.37. Amended by P.L.1-2009, SEC.40; P.L.75-2009, SEC.3; P.L.87-2009, SEC.5; P.L.236-2023, SEC.24; P.L.136-2024, SEC.16; P.L.68-2025, SEC.50.