Section 6-1.1-42-17 - Application for assessed valuation deduction(a) A person may apply for an assessed valuation deduction for: (2) personal property; located in an area designated as a brownfield revitalization zone.
(b) An application for a deduction for an improvement to a brownfield revitalization zone or personal property located in a brownfield revitalization area must: (1) be submitted to the designating body before the date that the improvement is initiated or, if the deduction is for personal property, the property is brought into the area;(2) contain sufficient information for the designating body to approve the deduction; and(3) be submitted in the form prescribed by the department of local government finance.As added by P.L. 59-1997, SEC.1. Amended by P.L. 90-2002, SEC.283; P.L. 146-2008, SEC.302.