Installment payments; exception; delinquent tax penalties;
statement processing charge
Sec. 9. (a) Except as provided in IC 6-1.1-7-7, section 9.5 of this
chapter, and subsection (b), the property taxes assessed for a year
under this article are due in two (2) equal installments on May 10
and November 10 of the following year.
(b) A county council may adopt an ordinance to require a person
to pay the person's property tax liability in one (1) installment, if the
tax liability for a particular year is less than twenty-five dollars
($25). If the county council has adopted such an ordinance, then
whenever a tax statement mailed under section 8 of this chapter
shows that the person's property tax liability for a year is less than
twenty-five dollars ($25) for the property covered by that statement,
the tax liability for that year is due in one (1) installment on May 10
of that year.
(c) If property taxes are not paid on or before the due date, the
penalties prescribed in IC 6-1.1-37-10 shall be added to the
delinquent taxes.
(d) Notwithstanding any other law, a property tax liability of less
than five dollars ($5) is increased to five dollars ($5). The difference
between the actual liability and the five dollar ($5) amount that
appears on the statement is a statement processing charge. The
statement processing charge is considered a part of the tax liability.
(Formerly: Acts 1975, P.L.47, SEC.1.) As amended by P.L.57-1986,
SEC.3; P.L.61-1991, SEC.1; P.L.1-2004, SEC.35 and P.L.23-2004,
SEC.38.
Last modified: May 28, 2006