Senate Bill 579 Summary

• County auditor must record in the tax duplicate that a dwelling and surrounding real estate no longer qualify as a homestead for property tax reduction purposes.

• A bona fide purchaser without knowledge of the homestead disqualification is not liable for property taxes and civil penalties accruing between the auditor's determination date and the notation recording date.

• Effective July 1, 2013, amending IC 6-1.1-12-37 regarding homestead property tax deductions and qualifications.