IN HB1018

Allows removal from office of county assessors, township assessors, or county auditors if property tax statements have been sent late at least 2 times during the previous 2 years or if the official used "sales chasing" in property assessments

Defines "sales chasing" as using a property's sale to trigger a change in its assessed value to or near the selling price while leaving unsold properties' assessments unchanged

Property tax statements are considered late if 2% or more are mailed or transmitted after the times required by Indiana Code 6-1.1-22

Removal requires both the county executive and county fiscal body to adopt substantially the same resolution by at least a two-thirds vote, following a public hearing

The Department of Local Government Finance is authorized to adopt rules establishing standards for determining if sales chasing has occurred