50 Ind. Admin. Code 24-3-1

Current through December 12, 2024
Section 50 IAC 24-3-1 - Eligibility for the homestead standard deduction

Authority: IC 6-1.1-12-37

Affected: IC 6-1.1-12-37

Sec. 1.

Contingent upon eligibility under IC 6-1.1-12-37 and pursuant to all applicable laws, an individual who in a particular year either owns or is buying a homestead under a contract, recorded in the county recorder's office, that provides that the individual is to pay property taxes, is entitled to a homestead standard deduction from the assessed value of the homestead.

50 IAC 24-3-1

Department of Local Government Finance; 50 IAC 24-3-1; filed May 12, 2009, 11:24 a.m.: 20090610-IR-050080750FRA
Filed 4/21/2016, 12:40 p.m.: 20160518-IR-050150167FRA