Statutes, codes, and regulations
Indiana Code
Title 6 - TAXATIONArticle 1.1 - PROPERTY TAXES
Chapter 4 - PROCEDURES FOR REAL PROPERTY ASSESSMENT
Section 6-1.1-4-40 - Exclusion of federal income tax credits in the determination of the assessed value of low income housing tax credit property

Ind. Code § 6-1.1-4-40

Download
PDF
Current through P.L. 171-2024
Section 6-1.1-4-40 - Exclusion of federal income tax credits in the determination of the assessed value of low income housing tax credit property

The value of federal income tax credits awarded under Section 42 of the Internal Revenue Code may not be considered in determining the assessed value of low income housing tax credit property.

IC 6-1.1-4-40

As added by P.L. 81-2004, SEC.58.