TITLE 50 DEPARTMENT OF LOCAL GOVERNMENT FINANCE

Under IC 4-22-2-23, the Department of Local Government Finance intends to adopt a rule concerning the following:

OVERVIEW: Amends 50 IAC 2.4-1-1 and 50 IAC 2.4-1-2 regarding general reassessment of real property, incorporating the 2021 Real Property Assessment Manual (Manual) and the 2021 Real Property Assessment Guidelines (Guidelines) by reference under IC 4-22-2-21(a)(3). Adds 50 IAC 3.3-2-2.5 defining "department". Amends 50 IAC 3.3-3-1, 50 IAC 3.3-4-1, and 50 IAC 3.3-5-1 regarding mobile home assessments to make numerous technical changes. Adds 50 IAC 3.3-6 defining "vehicle identification number" and outlining procedures for submitting information to the department. Amends 50 IAC 4.2-1-1.1, 50 IAC 4.2-1-2, 50 IAC 4.2-1-5, 50 IAC 4.2-2-1, 50 IAC 4.2-2-2, 50 IAC 4.2-2-4, 50 IAC 4.2-2-5.1, 50 IAC 4.2-2-9, 50 IAC 4.2-2-10, 50 IAC 4.2-3.1-5, 50 IAC 4.2-3.1-6, 50 IAC 4.2-3.1-7, 50 IAC 4.2-3.1-8, 50 IAC 4.2-3.1-9, 50 IAC 4.2-4-3, 50 IAC 4.2-4-6, 50 IAC 4.2-4-8, 50 IAC 4.2-4-10, 50 IAC 4.2-5-7, 50 IAC 4.2-5-13, 50 IAC 4.2-6-1, 50 IAC 4.2-6-2, 50 IAC 4.2-7-1, 50 IAC 4.2-9-7, 50 IAC 4.2-11.1-6, 50 IAC 4.2-14-2, 50 IAC 4.2-15-4, 50 IAC 4.2-15-8, and 50 IAC 4.2-15-14 regarding personal property assessments to remove references to administrative adjudications and to make numerous technical changes reflecting statutory updates. Adds 50 IAC 4.2-15-12.5 regarding outdoor advertising signs and to incorporate legislative changes under HEA 1450-2017. Adds 50 IAC 4.2-17 regarding business personal property exemptions and the procedure for claiming a business personal property exemption. Amends 50 IAC 5.1-1-3, 50 IAC 5.1-1-9, 50 IAC 5.1-1-13, 50 IAC 5.1-1-18, 50 IAC 5.1-1-20, 50 IAC 5.1-1-23, 50 IAC 5.1-1-25, 50 IAC 5.1-2-1, 50 IAC 5.1-2-3, 50 IAC 5.1-2-4, 50 IAC 5.1-3-1, 50 IAC 5.1-3-2, 50 IAC 5.1-3-4, 50 IAC 5.1-3-5, 50 IAC 5.1-3-6, 50 IAC 5.1-3-8, 50 IAC 5.1-3-9, 50 IAC 5.1-4-1, 50 IAC 5.1-4-2, 50 IAC 5.1-4-3, 50 IAC 5.1-4-4, 50 IAC 5.1-4-5, 50 IAC 5.1-5, 50 IAC 5.1-9-2, 50 IAC 5.1-9-4, 50 IAC 5.1-10-2, 50 IAC 5.1-10-3, 50 IAC 5.1-10-4, 50 IAC 5.1-10-5, 50 IAC 5.1-11-2, 50 IAC 5.1-11-4, 50 IAC 5.1-12-1, and 50 IAC 5.1-12-5 regarding the assessment of public utilities to make numerous technical changes. Adds 50 IAC 5.1-1-8.5 defining "department" for purposes of public utility assessments. Adds 50 IAC 5.1-1-31.5 defining "tax situs" for purposes of public utility assessments. Adds 50 IAC 5.1-3-2.5 outlining how yearly tax statements are to be provided to the department. Adds 50 IAC 5.1-5-2.5 regarding the use of other factors for purposes of public utility assessments. Amends 50 IAC 10-1-1, 50 IAC 10-1-6.5, 50 IAC 10-1-9, 50 IAC 10-2-2, 50 IAC 10-2-3, 50 IAC 10-2-5, 50 IAC 10-2-6, 50 IAC 10-3, 50 IAC 10-4-2, and 50 IAC 10-5-1 regarding economic revitalization area deductions and maritime opportunity district deductions to make numerous technical changes. Adds 50 IAC 10-1-1.5 defining "department" for purposes of economic revitalization area deductions and maritime opportunity district deductions. Adds 50 IAC 10-1-2.5 defining "new eligible equipment" to include new information technology equipment, new logistical distribution equipment, new manufacturing equipment, and new research and development equipment. Adds 50 IAC 10-6 relocating provisions previously under 50 IAC 4.2-11.1-9. Amends 50 IAC 15-1, 50 IAC 15-2-1, 50 IAC 15-3-1, 50 IAC 15-3-2, 50 IAC 15-3-3, 50 IAC 15-3-4, 50 IAC 15-3-5, 50 IAC 15-3-6, 50 IAC 15-3-8, 50 IAC 15-4, and 50 IAC 15-5 regarding the certification of assessor-appraisers, professional appraisers, and tax representatives to modify the number of continuing education hours needed for Level 2 and Level 3 assessor appraisers and to make numerous technical changes. Adds 50 IAC 15-1-3.6 defining "Indiana board". Adds 50 IAC 15-1-6 defining "voluntary waiver" for purposes of assessor-appraiser and tax representative certification. Adds 50 IAC 15-3-9 outlining the process to voluntary withdrawal of an assessor-appraiser certification. Adds 50 IAC 15-3-10 outlining the process for assessor-appraiser certification reinstatement. Adds 50 IAC 15-3-11 defining the standards for continuing education courses. Adds 50 IAC 15-5-9 outlining the process for tax representative certification reinstatement. Adds 50 IAC 15-5-10 outlining the process to voluntary withdrawal of a tax representative certification. Amends 50 IAC 18-3-1, 50 IAC 18-3-2, 50 IAC 18-4-3, 50 IAC 19-2-1, and 50 IAC 19-2-2 to clarify the role of county and township assessors for the purposes of industrial facility assessment and to make numerous technical changes. Amends 50 IAC 27 regarding annual adjustments and equalization standards to incorporate latest technical standards from the International Association of Assessing Officers and to make numerous technical changes. Amends 50 IAC 29-3-3 regarding golf course assessments to incorporate a three-year net operating income approach for assessment purposes and to make technical changes. Repeals 50 IAC 4.2-1-4, 50 IAC 4.2-1-6, 50 IAC 4.2-2-3.1, 50 IAC 4.2-2-7, 50 IAC 4.2-3.1-1, 50 IAC 4.2-3.1-2, 50 IAC 4.2-3.1-3, 50 IAC 4.2-3.1-4, 50 IAC 4.2-3.1-10, 50 IAC 4.2-4-9.1, 50 IAC 4.2-11.1-3, 50 IAC 4.2-11.1-4, 50 IAC 4.2-11.1-7, 50 IAC 4.2-11.1-8, 50 IAC 4.2-11.1-9, 50 IAC 4.2-11.1-10, 50 IAC 4.2-11.1-11, 50 IAC 5.1-1-8, 50 IAC 5.1-1-29, 50 IAC 5.1-3-3, 50 IAC 5.1-4-7, 50 IAC 5.1-4-8, 50 IAC 5.1-11-5, 50 IAC 10-1-7, 50 IAC 10-1-8, 50 IAC 10-4-1, 50 IAC 15-1-1.5, and 50 IAC 15-5-4. Public comments are invited and may be directed to the Department of Local Government Finance, Attention: Emily L. Crisler, Deputy General Counsel, Indiana Government Center North, 100 North Senate Avenue, Room 1058(B), Indianapolis, IN 46204 or by e-mail to emcrisler@dlgf.in.gov. Statutory authority: IC 6-1.1-4-4.5; IC 6-1.1-4-26; IC 6-1.1-4-42; IC 6-1.1-7-2; IC 6-1.1-8-42; IC 6-1.1-8.5-12; IC 6-1.1-8.7-9; IC 6-1.1-31-1; IC 6-1.1-31-12; IC 6-1.1-31.7-3; IC 6-1.1-35-1; IC 6-1.1-35.5-8.5.

For purposes of IC 4-22-2-28.1, the Small Business Regulatory Coordinator for this rule is:

Emily L. Crisler, Deputy Attorney General

Department of Local Government Finance

Indiana Government Center North

100 North Senate Avenue, Room 1058(B)

Indianapolis, IN 46204

(317) 234-8624

emcrisler@dlgf.in.gov

For purposes of IC 4-22-2-28.1, the Small Business Ombudsman designated by IC 5-28-17-6 is:

Katelyn Colclazier

Small Business Ombudsman

Indiana Economic Development Corporation

One North Capitol, Suite 700

Indianapolis, IN 46204

(317) 431-1560

kcolclazier@iedc.in.gov

Resources available to regulated entities through the small business ombudsman include the ombudsman's duties stated in IC 5-28-17-6, specifically IC 5-28-17-6(9), investigating and attempting to resolve any matter regarding compliance by a small business with a law, rule, or policy administered by a state agency, either as a party to a proceeding or as a mediator.

DIN: 20191204-IR-050190636NIA

Composed: Apr 28,2024 10:14:02PM EDT

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