Submission of values to county property tax assessment board of
appeals; review
Sec. 13.6. (a) The township assessor shall determine the values of
all classes of commercial, industrial, and residential land (including
farm homesites) in the township using guidelines determined by the
department of local government finance. Not later than November 1
of the year preceding the year in which a general reassessment
becomes effective, the assessor determining the values of land shall
submit the values to the county property tax assessment board of
appeals. Not later than December 1 of the year preceding the year in
which a general reassessment becomes effective, the county property
tax assessment board of appeals shall hold a public hearing in the
county concerning those values. The property tax assessment board
of appeals shall give notice of the hearing in accordance with
IC 5-3-1 and shall hold the hearing after March 31 and before
December 1 of the year preceding the year in which the general
reassessment under IC 6-1.1-4-4 becomes effective.
(b) The county property tax assessment board of appeals shall
review the values submitted under subsection (a) and may make any
modifications it considers necessary to provide uniformity and
equality. The county property tax assessment board of appeals shall
coordinate the valuation of property adjacent to the boundaries of the
county with the county property tax assessment boards of appeals of
the adjacent counties using the procedures adopted by rule under
IC 4-22-2 by the department of local government finance. If the
county assessor or township assessor fails to submit land values
under subsection (a) to the county property tax assessment board of
appeals before November 1 of the year before the date the general
reassessment under IC 6-1.1-4-4 becomes effective, the county
property tax assessment board of appeals shall determine the values.
If the county property tax assessment board of appeals fails to
determine the values before the general reassessment becomes
effective, the department of local government finance shall determine
the values.
(c) The county assessor shall notify all township assessors in the
county of the values as modified by the county property tax
assessment board of appeals. Township assessors shall use the values
determined under this section.
As added by P.L.24-1986, SEC.9. Amended by P.L.74-1987, SEC.2;
P.L.41-1993, SEC.5; P.L.6-1997, SEC.15; P.L.90-2002, SEC.37.
Last modified: May 28, 2006