Sec. 7. A person is not required to file an application for the credit under this chapter. The county auditor shall:

(1) identify qualified homesteads in the political subdivision that are eligible for the credit under this chapter; and

Terms Used In Indiana Code 6-1.1-20.4-7

  • homestead: has the meaning set forth in Indiana Code 6-1.1-20.4-1
  • property tax liability: means liability for the tax imposed on property under this article determined after application of all credits and deductions under this article, except the credit under this chapter, but does not include any interest or penalty imposed under this article. See Indiana Code 6-1.1-20.4-2
(2) apply the credit under this chapter to property tax liability on the identified homestead.

As added by P.L.246-2005, SEC.61.