Thursday, November 29, 2012

DLGF Publishes Amended Rule for Oil and Gas Assessments

TITLE 50 DEPARTMENT OF LOCAL GOVERNMENT FINANCE

Proposed Rule
LSA Document #12-548

DIGEST

Amends 50 IAC 26-20-7 concerning file formatting requirements for oil and gas assessments. Amends 50 IAC 26-20-8 concerning file formatting requirements for real and personal property tax data.
 
See the amended rule here:
 
 
Notice of Public Hearing
LSA Document #12-548


Notice of Public Hearing

Under IC 4-22-2-24, notice is hereby given that on December 20, 2012, at 10:00 a.m. EST, at the Indiana Government Center North, 100 North Senate Avenue, Room N1058, Department of Local Government Finance Conference Room, Indianapolis, Indiana, the Department of Local Government Finance will hold a public hearing on the proposed rule to amend the rules adopted by the Department in 50 IAC 26-20 regarding the file formats for oil and gas assessments.
Under IC 6-1.1-31.5, the Department shall adopt rules for the certification of computer systems used in the administration of property tax assessments. The Department finds the proposed rule necessary to facilitate the billing process for oil and gas property assessments. The Department estimates that the proposed rule will not impose requirements or costs under IC 4-22-2-24(d)(3). Because no financial impact is expected as a result of this rule, no supporting data, studies, or analyses were relied upon by the Department in its determination that the rule will have no, or minimal, fiscal impact on state or local government since no new responsibilities have been added by the rule.
Copies of the proposed rule are available on the Department of Local Government Finance website at:
www.in.gov/dlgf
Copies of these rules are now on file at the Indiana Government Center North, 100 North Senate Avenue, Room N1058 and Legislative Services Agency, Indiana Government Center North, 100 North Senate Avenue, Room N201, Indianapolis, Indiana and are open for public inspection.
 
 
The Economic Impact Statement is available here: