Indiana Code — Title 6 (Taxation)
IC 6-1.1-8-42
Rules and regulations; promulgation
Sec. 42. (a) The department of local government finance shall promulgate rules and regulations to provide equal treatment for the public utility companies within each classification. These rules and regulations may not:
# (1)
prohibit the assessment and taxation of a company's property which is subject to taxation under this chapter; or
# (2)
prohibit the department of local government finance from making adjustments in those cases where the rules and regulations would result in an assessment that would be unfair to the state or to the public utility company.
(b) The department of local government finance may adopt rules and regulations to carry out the intent and provisions of this chapter. The rules and regulations must be consistent with this chapter.
[Pre-1975 Property Tax Recodification Citations: 6-1-44-9 part; 6-1-44-17.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.90-2002, SEC.87.
Amendment history
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.90-2002, SEC.87.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-8-32 · Setting aside final determination; grounds
- 6-1.1-8-33 · Appeal of township or county assessor's assessment of fixed
- 6-1.1-8-34 · Rate of tax; time of payment
- 6-1.1-8-35 · Indefinite-situs distributable property of railcar…
- 6-1.1-8-35.1 · Repealed
- 6-1.1-8-35.2 · Retention and use of certain funds under section 35 of…
- 6-1.1-8-36 · Payment of taxes regardless of pending appeal; injunction;
- 6-1.1-8-37 · Reassessment of distributable property; refunds or taxes…
- 6-1.1-8-38 · Lien; collection of delinquent taxes; penalties
- 6-1.1-8-39 · Omitted property; assessment
- 6-1.1-8-40 · Omitted property; rate of assessment; interest
- 6-1.1-8-41 · Valuation methods used in other states
- 6-1.1-8-42 · Rules and regulations; promulgation
- 6-1.1-8-43 · Purpose of chapter; conflicting provisions
- 6-1.1-8-44 · Reinstatement of utility property rules; prohibition…
- 6-1.1-8-45 · Depreciable personal property 30% minimum valuation
- 6-1.1-8.1-1 · Applicability
- 6-1.1-8.1-2 · "Controlled environment agriculture property"
- 6-1.1-8.1-3 · Classification and assessment
- 6-1.1-8.2-1 · "Qualified expenditures" defined
- 6-1.1-8.2-2 · "Taxpayer" defined
- 6-1.1-8.2-3 · "Tax liability" defined
- 6-1.1-8.2-4 · Entitlement to credit
- 6-1.1-8.2-5 · Determination of amount of credit
- 6-1.1-8.2-6 · Filing expenditure statement