Credit authorized
Sec. 1. (a) A person is entitled to a credit against the person's
property tax liability under IC 6-1.1-2 for a particular year in the
amount of the person's property tax liability under IC 6-1.1-2 on
enterprise zone inventory for that year.
(b) As used in this section, "enterprise zone inventory" means
inventory, as defined in IC 6-1.1-3-11, that is located within an
enterprise zone created under IC 5-28-15 on the assessment date.
As added by P.L.23-1983, SEC.8. Amended by P.L.4-2005, SEC.39.
Last modified: May 28, 2006