Form of reconciling statement
Sec. 12. (a) Except as provided by subsection (c), each reconciling
statement must indicate:
(1) the actual property tax liability under this article on the
assessment determined for the assessment date for the property
for which the reconciling statement is issued;
(2) the total amount paid under the provisional statement for the
property for which the reconciling statement is issued;
(3) if the amount under subdivision (1) exceeds the amount
under subdivision (2), that the excess is payable by the
taxpayer:
(A) as a final reconciliation of the tax liability; and
(B) not later than:
(i) thirty (30) days after the date of the reconciling
statement; or
(ii) if the county treasurer requests in writing that the
commissioner designate a later date, the date designated
by the commissioner; and
(4) if the amount under subdivision (2) exceeds the amount
under subdivision (1), that the taxpayer may claim a refund of
the excess under IC 6-1.1-26.
(b) If, upon receipt of the abstract referred to in section 6 of this
chapter, the county treasurer determines that it is possible to
complete the:
(1) preparation; and
(2) mailing or transmittal;
of the reconciling statement at least thirty (30) days before the due
date of the November installment specified in the provisional
statement, the county treasurer may request in writing that the
department of local government finance permit the county treasurer
to issue a reconciling statement that adjusts the amount of the
November installment that was specified in the provisional
statement. If the department approves the county treasurer's request,
the county treasurer shall prepare and mail or transmit the
reconciling statement at least thirty (30) days before the due date of
the November installment specified in the provisional statement.
(c) A reconciling statement prepared under subsection (b) must
indicate:
(1) the actual property tax liability under this article on the
assessment determined for the assessment date for the property
for which the reconciling statement is issued;
(2) the total amount of the May installment paid under the
provisional statement for the property for which the reconciling
statement is issued;
(3) if the amount under subdivision (1) exceeds the amount
under subdivision (2), the adjusted amount of the November
installment that is payable by the taxpayer:
(A) as a final reconciliation of the tax liability; and
(B) not later than:
(i) November 10; or
(ii) if the county treasurer requests in writing that the
commissioner designate a later date, the date designated
by the commissioner; and
(4) if the amount under subdivision (2) exceeds the amount
under subdivision (1), that the taxpayer may claim a refund of
the excess under IC 6-1.1-26.
As added by P.L.1-2004, SEC.37 and P.L.23-2004, SEC.40.
Last modified: May 28, 2006