TO: All County Assessors
FROM: Micah G. Vincent, Commissioner
DATE: May 7, 2014
On March 25, 2014, Governor Pence signed into law Senate Enrolled Act 111 (“SEA 111”), which amends IC 6-1.1-4-13 so that the soil productivity factors used for the March 1, 2011 assessment date are to be used for the March 1, 2012, March 1, 2013, and March 1, 2014 assessment dates. New soil productivity factors are to be used for assessment dates occurring after March 1, 2014. The Department of Local Government Finance will communicate to local officials information concerning the factors to be used for the March 1, 2015 assessment date.
This amendment is effective retroactively to January 1, 2014. Again, the amendment applies to the March 1, 2014 assessment date. Please note that this memorandum is intended to be an informative bulletin; it is not a substitute for reading the law.
Questions may be directed to Staff Attorney Mike Duffy at (317) 233-9219 or firstname.lastname@example.org.