Indiana § 6-1.1-5.5-4.7 Establishment of assessment training and administration fund;
permitted uses; investment by treasurer of state; no reversion to state
general fund

Indiana Statutes

§ 6-1.1-5.5-4.7 — Establishment of assessment training and administration fund; permitted uses; investment by treasurer of state; no reversion to state general fund

Indiana § 6-1.1-5.5-4.7

Art. 1.1PROPERTY TAXES

Ch. 5.5Sales Disclosure Forms

This text of Indiana § 6-1.1-5.5-4.7 (Establishment of assessment training and administration fund; permitted uses; investment by treasurer of state; no reversion to state general fund) 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 § 6-1.1-5.5-4.7 (2026).

Text

7.

(a)The assessment training and administration fund is established for the purpose of receiving fees deposited under section 4 of this chapter. Money in the fund may be used by:

(1)the department of local government finance:

(A)to cover expenses incurred in the development and administration of programs for the training of assessment officials and employees of the department, including the examination and certification program required by IC 6-1.1-35.5; and

(B)for data base management expenses; or

(2)the Indiana board to:

(A)conduct appeal activities; or

(B)pay for appeal services.

(b)The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested.

(c)Money in the fund at

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7. (a) The assessment training and
administration fund is established for the purpose of receiving fees
deposited under section 4 of this chapter. Money in the fund may be
used by:
(1) the department of local government finance:
(A) to cover expenses incurred in the development and
administration of programs for the training of assessment
officials and employees of the department, including the
examination and certification program required by IC 6-1.1-35.5; and
(B) for data base management expenses; or
(2) the Indiana board to:
(A) conduct appeal activities; or
(B) pay for appeal services.
(b) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public money may be invested.
(c) Money in the fund at the end of a state fiscal year does not revert
to the state general fund.

Legislative History

As added by P.L.198-2001, SEC.23. Amended by P.L.90-2002, SEC.53; P.L.1-2004, SEC.10; P.L.23-2004, SEC.11; P.L.2-2005, SEC.17; P.L.228-2005, SEC.17; P.L.182-2009(ss), SEC.91.