Section 6-1.1-12-25 - Rehabilitated property; electing either IC 6-1.1-12-18 or IC 6-1.1-12-22 deduction; expiration(a) For repairs or improvements made to a particular building or structure, a person may receive either the deduction provided by section 18 of this chapter (before its expiration) or the deduction provided by section 22 of this chapter (before its expiration). A person may not receive deductions under both sections for the repairs or improvements.(b) This section expires January 1, 2025.Pre-1975 Property Tax Recodification Citation: 6-1-10.5-6.
Amended by P.L. 181-2016, SEC. 10, eff. 7/1/2016.Formerly: Acts1975 , P.L. 47, SEC.1.