"Small claim" means an appeal:

1. (1) under IC 6-1.5-4-1 of a determination of assessed valuation of tangible property by:

   1. (A) an assessing official; or

   2. (B) the county property tax assessment board of appeals;

      that does not exceed one million dollars ($1,000,000); or

2. (2) under IC 6-1.5-5-1 of a final determination of assessed valuation of tangible property under:

   1. (A) IC 6-1.1-8 ; or

   2. (B) IC 6-1.1-16 ;

      by the department of local government finance that does not exceed one million dollars ($1,000,000).

As added by P.L.245-2003, SEC.21.