Treatment of payments to determine delinquencies
Sec. 18. For purposes of IC 6-1.1-24-1(a)(1):
(1) the May installment on a provisional statement is considered
to be the taxpayer's spring installment of property taxes;
(2) except as provided in subdivision (3), payment on a
reconciling statement is considered to be due before the due
date of the May installment of property taxes payable in the
following year; and
(3) payment on a reconciling statement described in section
12(b) of this chapter is considered to be the taxpayer's fall
installment of property taxes.
As added by P.L.1-2004, SEC.37 and P.L.23-2004, SEC.40.
Last modified: May 28, 2006