Indiana Statutes

§ 6-1.1-20.4-5 — Calculation of credit

Indiana § 6-1.1-20.4-5
JurisdictionIndiana
Art. 1.1PROPERTY TAXES
Ch. 20.4Local Homestead Credits

This text of Indiana § 6-1.1-20.4-5 (Calculation of credit) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 6-1.1-20.4-5 (2026).

Text

An ordinance or resolution adopted under this chapter must provide for a homestead credit that is either a uniform:

(1)percentage of the net property taxes due on the homestead after the application of all other deductions and credits; or
(2)dollar amount applicable to each homestead. The ordinance or resolution must specify the percentage or the dollar amount.

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Legislative History

As added by P.L.246-2005, SEC.61.

Nearby Sections

15
§ 6-1.1-1-1
Applicability
§ 6-1.1-1-1.5
"Assessing official"
§ 6-1.1-1-10
"Person"
§ 6-1.1-1-11
"Personal property"
§ 6-1.1-1-13
Repealed
§ 6-1.1-1-14
"Property taxation"
§ 6-1.1-1-15
"Real property"
§ 6-1.1-1-18
"State agency"
§ 6-1.1-1-19
"Tangible property"
§ 6-1.1-1-2
"Assessment date"
§ 6-1.1-1-20
"Taxing district"
§ 6-1.1-1-21
"Taxing unit"
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Bluebook (online)
Indiana § 6-1.1-20.4-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-20.4-5.