Wednesday, May 23, 2012

DLGF Issues Guidance on Assessment and Appeal Changes

Governor Daniels signed House Enrolled Act No. 1195 (“HEA 1195”) into law on March 19, 2012. The legislation contained significant changes to the property tax assessment process and the appeal process, including submission of information under the income capitalization and gross rent multiplier methods, appeal hearing notification timeframes and continuances, comparable property restrictions, and interest on successful assessment appeals.
See the full memorandum here: