Examples of Locally assessed in a sentence
Locally assessed personal property must be reported on the appropriate form by the public utility company to the township assessor where the property is located.
Light, heat, and power companies may be:(1) investor-owned electric and steam heat companies;(2) rural electric membership corporations or cooperatives; or(3) natural gas distribution companies.(Department of Local Government Finance; 50 IAC 5.1-1-14; filed Dec 15, 1993, 5:00 p.m.: 17 IR 952; reinstated by IC 6-1.1-8-44,eff Jul 1, 2003) 50 IAC 5.1-1-15 "Locally assessed personal property" definedAuthority: IC 6-1.1-31-1Affected: IC 6-1.1-8-2 Sec.
Locally assessed, newly constructed wind turbines may be included like new construction in the levy limit calculation.
Locally assessed utility systems not under the jurisdiction of the Commission.
Additionally, the exclusions set forth in Section 7 apply to the coverage provided by the Certificate under this Section 5.2.
In completing the designated form, the holder, possessor, or controller shall include all of the information required by the form.(Department of Local Government Finance; 50 IAC 5.1-10-4; filed Dec 15, 1993, 5:00 p.m.: 17 IR 965; reinstated by IC 6-1.1-8-44,eff Jul 1, 2003; filed Nov 2, 2020, 9:34 a.m.: 20201202-IR-050190636FRA) 50 IAC 5.1-10-5 Locally assessed property subject to capital leases; specific reporting requirementsAuthority: IC 6-1.1-8-42; IC 6-1.1-31-1Affected: IC 6-1.1-8-26 Sec.
Locally assessed property identified by the Department should likewise be reported to the assessor of the county in which the property is located.
Locally assessed values may vary from the Comptroller’s study values.
Locally assessed property is appraised at the 1975-76 full cash value, the base year value, and is adjusted each year after 1975 by the change in the consumer price index, not to exceed an increase of 2%.
Locally assessed Taxes levied and/or assessed against the BNSF Replacement Property that are not due and payable as of such BNSF Closing Date shall be prorated to the date of Closing at the prior year tax rate and assessed value.