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IN SB0239
Bill
Status
2/26/2019
Primary Sponsor
Aaron Freeman
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AI Summary
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Repeals the requirement that the Indiana Board of Tax Review recommend settlement or mediation for cases pending before May 1, 2015, where the taxpayer's appraisal asserts a value more than 25% lower than the assessing official's cost approach valuation
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Burden of proof shifts to the assessor for assessment increases over 5% from the prior year, but this burden shifting does not apply when the assessment is based on substantial renovations or new improvements
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Redefines "small claim" from appeals of assessed valuations not exceeding $1,000,000 to appeals where parties have elected to proceed under the board's small claims rules
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Requires that parties must be able to elect out of the small claims rules, giving taxpayers more procedural flexibility in property tax appeals
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Effective date: July 1, 2019
Legislative Description
Property tax assessment appeals. Repeals a statute requiring the Indiana board of tax review (board) to recommend that parties settle or mediate any case pending before the board if certain conditions are met. Provides that certain burden shifting requirements do not apply if the assessment that is the subject of the review or appeal is based on substantial renovations or new improvements. Provides that "small claim" means an appeal where the parties have elected to proceed under the board's small claims rules. (Current law defines the term as an appeal of a final determination of assessed valuation that does not
Last Action
First reading: referred to Committee on Judiciary
3/4/2019