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IN HB1288

Bill

Status

Introduced

1/13/2015

Primary Sponsor

Milo Smith

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Amends IC 6-1.1-15-11 to include corrections of errors under section 12 as triggering automatic refund procedures for property owners.

  • Property owners receiving assessment or tax reductions are entitled to a credit applied to the next successive tax installment due that year.

  • County auditors must refund any remaining overpayment amount to taxpayers without requiring a claim or appropriation.

  • County auditors charge refunded amounts against the accounts of various taxing units responsible for the overpayment and notify the county executive.

  • Notice of refund from the county auditor is treated as a claim by the taxpayer, eliminating the need for a separate formal claim filing.

  • Effective July 1, 2015.

Legislative Description

Refunds after correction of assessment errors. Provides that if a property owner has a reduction in an assessment or taxes due when a county auditor corrects an error found in the tax duplicate, the owner is entitled to a credit on the next tax installment and a refund of any remaining excess without having to file a claim for a refund.

Last Action

Representative Karickhoff added as coauthor

1/27/2015

Committee Referrals

Ways and Means1/13/2015

Full Bill Text

No bill text available