Terms Used In Indiana Code 6-1.1-12.6-6

  • model residence: means real property that consists of a single family residence, single family townhouse, or single family condominium unit that:

    Indiana Code 6-1.1-12.6-1

  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Statute: A law passed by a legislature.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
   Sec. 6. A property owner that qualifies for a deduction for a year under this chapter and another statute with respect to the same model residence may not receive a deduction under both statutes for the model residence for that year.

As added by P.L.70-2008, SEC.1.