IN HB1416

Requires affected taxing units to receive notice of assessment appeals for commercial or industrial property with assessed values exceeding $1,000,000.

County auditor must identify and notify affected taxing units when property assessment disagreements exceed $1,000,000 during the informal conference stage.

County auditor must forward a copy of the county board's written decision to all affected taxing units if the determination resolves issues previously identified as exceeding the $1,000,000 threshold.

At the Indiana Board level, taxing units receive notice when appealed property is classified as commercial or industrial and has a gross assessed value exceeding $1,000,000, with authority to attend hearings and file briefs.

Effective July 1, 2014.