6-1.1-4-40. Exclusion of federal income tax credits in the
determination of the assessed value of low
income housing tax credit property
IN Code § 6-1.1-4-40 (2019) (N/A)
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Sec. 40. The value of federal income tax credits awarded under Section 42 of the Internal Revenue Code may not be considered in determining the assessed value of low income housing tax credit property.