IC 36-7-14.2-2 — Inclusion of certain exempted assessed value for purposes of tax rate calculation
Chapter 14.2. Tax Rate Limitation
Section text
Sec. 2. Notwithstanding any other law, for assessment dates for which an exemption under IC 6-1.1-3-7.2 applies in a county, a tax rate for property taxes described in section 1 of this chapter must be calculated by including in the base assessed value (for purposes of this section only) the amount of the assessed value that would otherwise have been included in the base assessed value if the exemption under IC 6-1.1-3-7.2 were not in effect for the assessment date.
As added by P.L.80-2014, SEC.11.
Source: official publisher (2026 edition)