2018 Indiana Code
TITLE 6. Taxation
ARTICLE 1.1. PROPERTY TAXES
CHAPTER 12. Assessed Value Deductions and Deduction Procedures
6-1.1-12-25. Rehabilitated property; electing either IC 6-1.1-12-18 or IC 6-1.1-12-22 deduction; expiration
Sec. 25. (a) For repairs or improvements made to a particular building or structure, a person may receive either the deduction provided by section 18 of this chapter (before its expiration) or the deduction provided by section 22 of this chapter (before its expiration). A person may not receive deductions under both sections for the repairs or improvements.
(b) This section expires January 1, 2025.
[Pre-1975 Property Tax Recodification Citation: 6-1-10.5-6.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.181-2016, SEC.10.