SECTION 3. IC 6-1.1-15-3.5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2012]:
Sec. 3.5.
A power of attorney that is executed by a taxpayer and after June 30, 2012, is filed by a tax representative (as defined in 50 IAC 15-5-1, as effective July 1, 2012) with the county board or the Indiana board:
(1) in a proceeding under this chapter; or
(2) as part of a notice or petition requesting a review under this chapter;
is not valid unless the power of attorney specifies that it expires forty-five (45) days after receiving a final determination, refund, or credit in the proceeding or review, including any subsequent appeal from the final determination in the proceeding or review, or three (3) years after the power of attorney is executed, whichever is earlier.
SB 142
