Indiana Statutes
§ 6-1.1-20.6-7 — Calculation of credit
Indiana § 6-1.1-20.6-7
This text of Indiana § 6-1.1-20.6-7 (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 § 6-1.1-20.6-7 (2026).
Text
(a)This subsection applies to property taxes
first due and payable in 2009. A person is entitled to a credit against
the person's property tax liability for property taxes first due and
payable in 2009. The amount of the credit is the amount by which the
person's property tax liability attributable to the person's:
(1)homestead exceeds one and five-tenths percent (1.5%);
(2)residential property exceeds two and five-tenths percent
(2.5%);
(3)long term care property exceeds two and five-tenths percent
(2.5%);
(4)agricultural land exceeds two and five-tenths percent (2.5%);
(5)nonresidential real property exceeds three and five-tenths
percent (3.5%); or
(6)personal property exceeds three and five-tenths percent
(3.5%);
of the gross assessed value of the property that is the basis for
d
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Legislative History
As added by P.L.246-2005, SEC.62. Amended by P.L.162-2006,
SEC.10; P.L.224-2007, SEC.38; P.L.146-2008, SEC.222; P.L.1-2010,
SEC.30.
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"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 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"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 6-1.1-20.6-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-20.6-7.