2018 Indiana Code
TITLE 6. Taxation
CHAPTER 1. General Definitions and Rules of Construction
6-1.1-1-3.5. "Base rate"

Universal Citation: IN Code § 6-1.1-1-3.5 (2018)
IC 6-1.1-1-3.5 "Base rate"

     Sec. 3.5. "Base rate" means the statewide agricultural land base rate value per acre used to determine the true tax value of agricultural land under:

(1) the real property assessment guidelines of the department of local government finance; or

(2) rules or guidelines of the department of local government finance that succeed the guidelines referred to in subdivision (1).

As added by P.L.228-2005, SEC.1.


Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.