Statement of benefits for assessed valuation deduction
Sec. 18. (a) A person that applies for an assessed valuation
deduction shall submit a statement of benefits for the deduction to
the designating body before the date specified in section 17 of this
chapter.
(b) The statement of benefits must:
(1) describe the property that is the subject of the application;
(2) estimate the value of the property that is the subject of the
application; and
(3) contain the information required for a statement of benefits
described in section 6 of this chapter.
As added by P.L.59-1997, SEC.1.
Last modified: May 28, 2006