Indiana § 6-1.1-4-28.5 Property reassessment funds; use of money; soil maps

Indiana Statutes

§ 6-1.1-4-28.5 — Property reassessment funds; use of money; soil maps

Indiana § 6-1.1-4-28.5

Art. 1.1PROPERTY TAXES

Ch. 4Procedures for Real Property Assessment

This text of Indiana § 6-1.1-4-28.5 (Property reassessment funds; use of money; soil maps) 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 § 6-1.1-4-28.5 (2026).

Text

5.

(a)Money assigned to a property reassessment fund under section 27.5 of this chapter may be used only to pay the costs of:

(1)the reassessment of one (1) or more groups of parcels under a county's reassessment plan prepared under section 4.2 of this chapter, including the computerization of assessment records;

(2)payments to assessing officials and hearing officers for county property tax assessment boards of appeals under IC 6-1.1-35.2;

(3)the development or updating of detailed soil survey data by the United States Department of Agriculture or its successor agency;

(4)the updating of plat books;

(5)payments for the salary of permanent staff or for the contractual services of temporary staff who are necessary to assist assessing officials;

(6)making annual adjustments under sect

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5. (a) Money assigned to a property
reassessment fund under section 27.5 of this chapter may be used only
to pay the costs of:
(1) the reassessment of one (1) or more groups of parcels under
a county's reassessment plan prepared under section 4.2 of this
chapter, including the computerization of assessment records;
(2) payments to assessing officials and hearing officers for county
property tax assessment boards of appeals under IC 6-1.1-35.2;
(3) the development or updating of detailed soil survey data by
the United States Department of Agriculture or its successor
agency;
(4) the updating of plat books;
(5) payments for the salary of permanent staff or for the
contractual services of temporary staff who are necessary to assist
assessing officials;
(6) making annual adjustments under section 4.5 of this chapter;
and
(7) the verification under 50 IAC 27-4-7 of sales disclosure forms
forwarded to:
(A) the county assessor; or
(B) township assessors (if any);
under IC 6-1.1-5.5-3.
Money in a property reassessment fund may not be transferred or
reassigned to any other fund and may not be used for any purposes
other than those set forth in this section.
(b) All counties shall use modern, detailed soil maps in the
reassessment of agricultural land.
(c) The county treasurer of each county shall, in accordance with IC 5-13-9, invest any money accumulated in the property reassessment
fund. Any interest received from investment of the money shall be paid
into the property reassessment fund.
(d) An appropriation under this section must be approved by the
fiscal body of the county after the review and recommendation of the
county assessor. However, in a county with a township assessor in
every township, the county assessor does not review an appropriation
under this section, and only the fiscal body must approve an
appropriation under this section.

Legislative History

As added by P.L.198-2001, SEC.20. Amended by P.L.228-2005, SEC.10; P.L.88-2005, SEC.7; P.L.1-2006, SEC.131; P.L.154-2006, SEC.2; P.L.1-2007, SEC.39; P.L.219-2007, SEC.14; P.L.146-2008, SEC.79; P.L.112-2012, SEC.18; P.L.5-2015, SEC.11; P.L.86-2018, SEC.33.