House Bill 1398 Summary

• Eligible taxpayers may submit property tax exemption applications before September 1, 2014, for the March 1, 2011, and March 1, 2012 assessment dates for Marion County properties used for educational, literary, scientific, religious, or charitable purposes.

• Qualified taxpayers (ministries or religious organizations exempt from federal income taxes) are entitled to exemptions if the county assessor finds the property would have qualified if an application had been filed timely under IC 6-1.1-11.

• Qualified taxpayers are entitled to refunds of any property taxes, penalties, interest, or redemption amounts previously paid on eligible properties, with refunds payable in two equal annual installments.

• County assessor and county auditor may grant exemptions and process refunds without further action by the county property tax assessment board of appeals or Indiana board of tax review.

• The provision expires July 1, 2017, and takes effect upon passage.