Waiver of interest payments
Sec. 10.5. (a) This section applies only to property taxes first due
and payable in 2004 with respect to a homestead (as defined in
IC 6-1.1-20.9-1).
(b) A county may petition the department of local government
finance to waive all or part of the penalty imposed under section
10(a) of this chapter. The county fiscal body (as defined in
IC 36-1-2-6), the county auditor, and the county treasurer must
approve a petition under this subsection.
(c) The department of local government finance shall:
(1) prescribe the form of the petition under subsection (b);
(2) determine the information required on the form; and
(3) notify the county fiscal body, the county auditor, and the
county treasurer of the department's determination on the
petition not later than thirty (30) days after receipt of the
petition.
As added by P.L.1-2004, SEC.47 and P.L.23-2004, SEC.50.
Last modified: May 28, 2006