Improvements made to comply with rules for storage of fertilizer
or pesticides; prerequisites for deduction; filing certified statement
and certification
Sec. 38. (a) A person is entitled to a deduction from the assessed
value of the person's property in an amount equal to the difference
between:
(1) the assessed value of the person's property, including the
assessed value of the improvements made to comply with the
fertilizer storage rules adopted by the state chemist under
IC 15-3-3-12 and the pesticide storage rules adopted by the state
chemist under IC 15-3-3.5-11; minus
(2) the assessed value of the person's property, excluding the
assessed value of the improvements made to comply with the
fertilizer storage rules adopted by the state chemist under
IC 15-3-3-12 and the pesticide storage rules adopted by the state
chemist under IC 15-3-3.5-11.
(b) To obtain the deduction under this section, a person must file
a certified statement in duplicate, on forms prescribed by the
department of local government finance, with the auditor of the
county in which the property is subject to assessment. In addition to
the certified statement, the person must file a certification by the
state chemist listing the improvements that were made to comply
with the fertilizer storage rules adopted under IC 15-3-3-12 and the
pesticide storage rules adopted by the state chemist under
IC 15-3-3.5-11. The statement and certification must be filed before
May 10 of the year preceding the year the deduction will first be
applied. Upon the verification of the statement and certification by
the assessor of the township in which the property is subject to
assessment, the county auditor shall allow the deduction.
As added by P.L.41-1992, SEC.3. Amended by P.L.90-2002,
SEC.117.
Last modified: May 28, 2006