Indiana Code — Title 6 (Taxation)
IC 6-1.1-12.1-10
Retroactive approval of statement of benefits; applicability
Sec. 10.
# (a)
This section applies to a town having a population of more than one thousand
(1,000) located in a county having a population of more than twenty-eight thousand (28,000) and less than twenty-eight thousand one hundred eighty-one (28,181).
# (b)
Notwithstanding sections 3 and 4.5 of this chapter, the submission of a statement of benefits to a designating body subsequent to the installation of new manufacturing equipment and the initiation of the rehabilitation or redevelopment of real estate and the designating body's retroactive approval of that statement of benefits are legalized and validated for 1993 and subsequent assessment years, subject to the limitations set forth in section 5(e) of this chapter.
As added by P.L.32-1994, SEC.1. Amended by P.L.170-2002, SEC.18; P.L.119-2012,
SEC.21; P.L.104-2022, SEC.23.
Amendment history
As added by P.L.32-1994, SEC.1. Amended by P.L.170-2002, SEC.18; P.L.119-2012, SEC.21; P.L.104-2022, SEC.23.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-12.1-5.3 · Deduction application; deadline; required information;
- 6-1.1-12.1-5.4 · Personal property schedule; filing requirements;…
- 6-1.1-12.1-5.5 · Repealed
- 6-1.1-12.1-5.6 · Compliance with statement of benefits; confidentiality…
- 6-1.1-12.1-5.7 · Repealed
- 6-1.1-12.1-5.8 · Waiver of statement of benefits
- 6-1.1-12.1-5.9 · Determination of substantial compliance with statement…
- 6-1.1-12.1-6 · Multiple deductions barred
- 6-1.1-12.1-7 · Economic development target area; designation
- 6-1.1-12.1-8 · Publishing and filing deduction information
- 6-1.1-12.1-9 · Deadline for approval of statement of benefits; extension
- 6-1.1-12.1-9.5 · Waiver of noncompliance
- 6-1.1-12.1-10 · Retroactive approval of statement of benefits;…
- 6-1.1-12.1-11 · Repealed
- 6-1.1-12.1-11.3 · Waiver of noncompliance
- 6-1.1-12.1-12 · Repayment of deduction falsely obtained; appeal;…
- 6-1.1-12.1-12.5 · Distribution of reimbursement, repayment, or penalty…
- 6-1.1-12.1-13 · Department of local government finance rules
- 6-1.1-12.1-14 · Local government authority to impose fee with consent of
- 6-1.1-12.1-15 · Correction of deduction errors
- 6-1.1-12.1-16 · Repealed
- 6-1.1-12.1-17 · Abatement schedules
- 6-1.1-12.1-18 · Enhanced abatement for certain business personal…
- 6-1.1-12.4-1 · "Official"
- 6-1.1-12.4-2 · Applicability of deduction entitlement; calculation of…