Sec. 22. (a) The department of local government finance shall assess the property of a public utility company based upon the information available to the department if the company:

(1) does not file a statement which is required under section 19 of this chapter;

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Terms Used In Indiana Code 6-1.1-8-22

  • property: includes both tangible and intangible property. See Indiana Code 6-1.1-8-2
  • public utility company: means a company which is subject to taxation under this chapter regardless of whether the company is operated by an individual, a partnership, an association, a corporation, a limited liability company, a fiduciary, or any other entity. See Indiana Code 6-1.1-8-2
  • Summons: Another word for subpoena used by the criminal justice system.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(2) does not permit the department to examine the company’s property, books, or records; or

(3) does not comply with a summons issued by the department.

     (b) A public utility company may provide the department with a statement under section 19 of this chapter not later than one (1) year after the department makes the department’s assessment under this section. If a public utility company does so, the department may amend the assessment it makes under this section in reliance on the public utility company’s statement filed under this subsection.

[Pre-1975 Property Tax Recodification Citation: 6-1-44-6 part.]

Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.90-2002, SEC.73; P.L.183-2014, SEC.5.

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