Indiana Code 6-1.1-45-2. “Base year assessed value”
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Terms Used In Indiana Code 6-1.1-45-2
- qualified investment: means any of the following expenditures relating to an enterprise zone location or entrepreneur and enterprise district location on which a taxpayer's zone business or district business is located:
Indiana Code 6-1.1-45-7
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 2. “Base year assessed value” equals the total assessed value of the real and personal property assessed at an enterprise zone location or an entrepreneur and enterprise district location on the assessment date in the calendar year immediately preceding the calendar year in which a taxpayer makes a qualified investment with respect to the enterprise zone location or the entrepreneur and enterprise district location.
As added by P.L.214-2005, SEC.16. Amended by P.L.238-2017, SEC.9.