Indiana Code 6-1.1-20.4-6. Credit applicable only to homestead
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Terms Used In Indiana Code 6-1.1-20.4-6
- homestead: has the meaning set forth in Indiana Code 6-1.1-20.4-1
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- 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
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 6. If the credit under this chapter is authorized for property taxes first due and payable in a calendar year, a person is entitled to a credit against the person’s property tax liability for property taxes first due and payable in that calendar year attributable to the person’s homestead located in the county.
As added by P.L.246-2005, SEC.61.