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:

Terms Used In Indiana Code 6-1.1-42-18

  • designating body: means the following:

    Indiana Code 6-1.1-42-2

  • Property: includes personal and real property. See Indiana Code 1-1-4-5
(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.