{"data":{"id":"us-in/ic-6-1.1-4-40","jurisdiction":"us-in","citation":"IC 6-1.1-4-40","heading":"Exclusion of federal income tax credits in the determination of the assessed value of low income housing tax credit property","body":"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.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 4. Procedures for Real Property Assessment"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-4-40","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"09391b1c62ce0046786af6e6aed2c45143af89edebc59c5a260c21626809d010","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-4-39.5","next":"us-in/ic-6-1.1-4-41"},"notice":"GroundRules: Original legal text. Not legal advice."}