The department of local government finance shall do the following:
(1) Compile an electronic data base that includes the following:
- (A) The local government data base.
- (B) Information on sales of real and personal property, including nonconfidential information from sales disclosure forms filed under IC 6-1.1-5.5 .
- (C) Personal property assessed values and data entries on personal property return forms.
- (D) Real property assessed values and data entries on real property assessment records.
- (E) Information on property tax exemptions, deductions, and credits.
- (F) Any other data relevant to the accurate determination of real property and personal property tax assessments.
- (2) Make available to each county and township software that permits the transfer of the data described in subdivision (1) to the department of local government finance in a uniform format through a secure connection over the Internet.
- (3) Analyze the data compiled under this section for the purpose of performing the functions under section 3 of this chapter.
- (4) Conduct continuing studies of personal and real property tax deductions, abatements, and exemptions used throughout Indiana. The department of local government finance shall, before May 1 of each even-numbered year, report on the studies at a meeting of the budget committee and submit a report on the studies to the legislative services agency for distribution to the members of the legislative council. The report must be in an electronic format under IC 5-14-6 .
As added by P.L.198-2001, SEC.82. Amended by P.L.28-2004, SEC.63; P.L.64-2004, SEC.14; P.L.236-2023, SEC.52.