Deductions; subsequent applications; notice of ineligibility
Sec. 17.8. (a) An individual who receives a deduction provided
under section 1, 9, 11, 13, 14, 16, or 17.4 of this chapter in a
particular year and who remains eligible for the deduction in the
following year is not required to file a statement to apply for the
deduction in the following year.
(b) An individual who receives a deduction provided under
section 1, 9, 11, 13, 14, 16, or 17.4 of this chapter in a particular year
and who becomes ineligible for the deduction in the following year
shall notify the auditor of the county in which the real property,
mobile home, or manufactured home for which he claims the
deduction is located of his ineligibility before May 10 of the year in
which he becomes ineligible.
(c) The auditor of each county shall, in a particular year, apply a
deduction provided under section 1, 9, 11, 13, 14, 16, or 17.4 of this
chapter to each individual who received the deduction in the
preceding year unless the auditor determines that the individual is no
longer eligible for the deduction.
(d) An individual who receives a deduction provided under
section 1, 9, 11, 13, 14, 16, or 17.4 of this chapter for property that
is jointly held with another owner in a particular year and remains
eligible for the deduction in the following year is not required to file
a statement to reapply for the deduction following the removal of the
joint owner if:
(1) the individual is the sole owner of the property following the
death of the individual's spouse;
(2) the individual is the sole owner of the property following the
death of a joint owner who was not the individual's spouse; or
(3) the individual is awarded sole ownership of the property in
a divorce decree.
As added by Acts 1982, P.L.44, SEC.7. Amended by P.L.125-1999,
SEC.1; P.L.291-2001, SEC.141.
Last modified: May 28, 2006