Section 50 IAC 25-3-2 - Application for model residence deductionAuthority: IC 6-1.1-12.6-9
Affected: IC 6-1.1-12.6
Sec. 2.
(a) A property owner who qualifies for the model residence deduction must file a claim for the deduction with the county auditor on the form prescribed by the department of local government finance for each assessment date for which the property owner wishes to receive the deduction.(b) The form must be verified under the penalties for perjury and contain all of the following information: (1) The assessed values of the real property for which the person is claiming the model residence deduction.(2) The full name and complete business address of the person claiming the model residence deduction.(3) The complete address and a brief description of the real property for which the person is claiming the model residence deduction.(4) The name of any other county in which the person has applied for a model residence deduction for that assessment date.(5) The complete address and a brief description of any other real property for which the person has applied for a model residence deduction for that assessment date.(c) The assessing official must verify a claim for the model residence deduction.(d) The county auditor must make the model residence deduction and notify the county property tax assessment board of appeals of all approved deductions.(e) The county auditor with whom the claim is filed must immediately prepare and transmit a copy of the claim to the auditor of any other county if the property owner owns or is buying a model residence in the other county.(f) The county auditor receiving the copy of the claim described in subsection (e) must note on the copy whether the property owner has claimed a deduction for the current year for a model residence in that county. The county auditor must then return the copy of the statement to the auditor who sent the copy.Department of Local Government Finance; 50 IAC 25-3-2; filed Apr 15, 2009, 10:16 a.m.: 20090513-IR-050080755FRA