Note: This version of section effective until 1-1-2026. See also following version of this section, effective 1-1-2026. Sec. 24.5. The department of local government finance shall annually determine and release a solar land base rate for the north region, the central region, and the south region of the state as follows: (1) For each region, the department shall determine the median true tax value per acre of all land in the region classified under the utility property class codes of the department of local government finance for the immediately preceding assessment date. (2) The department shall release the department's annual determination of the solar land base rates on or before December 1 of each year. IC 6-1.1-8-24.5 Solar land base rates; determination and release Note: This version of section effective 1-1-2026. See also preceding version of this section, effective until 1-1-2026. Sec. 24.5. The department of local government finance shall annually determine and release a solar land base rate for the north region, the central region, and the south region of the state as follows: (1) For each region, the department shall determine the median true tax value per acre of all land in the region classified under the utility property class codes of the department of local government finance for the immediately preceding assessment date. For purposes of these determinations, the department shall exclude any land classified under the department's utility property class codes that is assessed using the agricultural base rate for the immediately preceding assessment date. (2) The department shall release the department's annual determination of the solar land base rates on or before December 1 of each year.
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.