§ 6-1.1-21.2-2 Applicability of definitions in IC 36
§ 6-1.1-21.2-3 “Allocation area”
§ 6-1.1-21.2-4 “Base assessed value”
§ 6-1.1-21.2-5 “District”
§ 6-1.1-21.2-6 “Governing body”
§ 6-1.1-21.2-6.6 “Obligation”
§ 6-1.1-21.2-7 “Property taxes”
§ 6-1.1-21.2-8 “Special fund”
§ 6-1.1-21.2-9 “Tax increment replacement amount”
§ 6-1.1-21.2-10 “Tax increment revenues”
§ 6-1.1-21.2-11 Tax increment replacement amount; calculation
§ 6-1.1-21.2-12 Governing body action to raise tax increment replacement amount; review and action by legislative body; procedure; funding of certain amount by metropolitan development commission from personal property taxes
§ 6-1.1-21.2-15 Special assessment and tax collections deposited in special fund; inapplicability of certain provisions to special assessments and taxes; exception from levy limits
§ 6-1.1-21.2-16 Adjustment for tax benefit
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Terms Used In Indiana Code > Title 6 > Article 1.1 > Chapter 21.2 - Tax Increment Replacement

  • allocation area: refers to an area that is established under the authority of any of the following statutes and in which tax increment revenues are collected:

    Indiana Code 6-1.1-21.2-3

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • base assessed value: means the base assessed value as that term is defined or used in:

    Indiana Code 6-1.1-21.2-4

  • Clerk: means the clerk of the court or a person authorized to perform the clerk's duties. See Indiana Code 1-1-4-5
  • district: refers to the following:

    Indiana Code 6-1.1-21.2-5

  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • governing body: means the following:

    Indiana Code 6-1.1-21.2-6

  • Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • obligation: means an obligation to repay:

            (1) the principal and interest on bonds;

            (2) lease rentals on leases; or

            (3) any other contractual obligation;

    payable from tax increment revenues. See Indiana Code 6-1.1-21.2-6.6

  • Personal property: All property that is not real property.
  • Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • property taxes: means :

    Indiana Code 6-1.1-21.2-7

  • special fund: means :

    Indiana Code 6-1.1-21.2-8

  • tax increment replacement amount: means the tax increment replacement amount determined under section 11 of this chapter. See Indiana Code 6-1.1-21.2-9
  • tax increment revenues: means the property taxes attributable to the assessed value of property in excess of the base assessed value. See Indiana Code 6-1.1-21.2-10
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5