HB 1290 Summary

• Amends Indiana Code 6-1.1-18.5-13 to expand the definition of "unanticipated emergency" for property tax levy appeals to include economic downturns causing increased township assistance costs.

• Permits townships experiencing unanticipated increases in township assistance payments due to economic conditions to appeal to the department of local government finance for property tax levy increases beyond normal limitations.

• Applies only to property taxes first due and payable after December 31, 2008.

• Effective July 1, 2011.