Sec. 8. The district board, with the approval of the fiscal body of the municipality in which the district is located, shall determine the abatement schedule for a deduction granted under this chapter. An abatement schedule must specify the percentage amount of the deduction for each year of the deduction. An abatement schedule may not exceed ten (10) years.
As added by P.L.238-2017, SEC.18.
Structure Indiana Code
Chapter 46.2. Abatement Deduction for Vacant Buildings in an Entrepreneur and Enterprise District
6-1.1-46.2-2. "District Board"
6-1.1-46.2-3. "Eligible Vacant Building"
6-1.1-46.2-4. Application for Deduction; District Board; Statement of Benefits; Contents
6-1.1-46.2-5. Form; Application and Statement of Benefits; Public Record
6-1.1-46.2-8. Abatement Schedule; Duration
6-1.1-46.2-9. Amount of Deduction
6-1.1-46.2-10. Process to Claim Deduction; Compliance Information
6-1.1-46.2-12. Fee for Filing an Application; Standards for Granting a Deduction