HB 1209 Summary

• Requires the county fiscal body (city-county council) in Marion County to approve or reject property tax abatement determinations made by the metropolitan development commission for economic revitalization areas, brownfield revitalization zones, and deductions.

• Makes the county fiscal body's decision to approve or reject the designating body's determination final, with appeals available through the court system.

• Applies only to determinations made after June 30, 2010, for property located in counties containing a consolidated city (Marion County).

• Extends the approval requirement to decisions about whether to grant tax deductions, the duration of deductions (3, 6, or 10 years), and designation of economic revitalization areas and brownfield revitalization zones.

• Effective July 1, 2010.