§ 6-1.1-6.7-9 — Assessment rate of filter strips; adjustment; ditch assessments

Indiana § 6-1.1-6.7-9

• Jurisdiction: Indiana
• Art. 1.1: PROPERTY TAXES
• Ch. 6.7: Assessment of Filter Strips

Text

(a) Land that is classified under this chapter
as a filter strip shall be assessed as follows:
(1) At thirteen dollars and twenty-nine cents ($13.29) per acre for
general property taxation purposes, for the January 1, 2017,
assessment date.
(2) At the amount per acre determined in the following STEPS for
general property taxation purposes, for an assessment date after
January 1, 2017:
STEP ONE: Determine the amount per acre under this section
for the immediately preceding assessment date.
STEP TWO: Multiply the STEP ONE amount by the result of:
(A) one (1); plus
(B) the annual percentage change in the Consumer Price
Index for All Urban Consumers published by the federal
Bureau of Labor Statistics for the calendar year preceding the
calendar year before the assessment date.
(b) Notwithstanding subsection (a), ditch assessments on the
classified land shall be paid.

Legislative History

As added by P.L.55-1991, SEC.1. Amended by P.L.180-2016, SEC.7.