Expires various property tax exemptions allowed in current law. Provides that certain property tax abatements may not be granted after December 31, 2030. Authorizes a county fiscal body to adopt an ordinance that exempts certain homesteads owned by an individual who is at least 65 years of age from property taxation. Makes corresponding changes.

Statutes affected:
Introduced House Bill (H): 6-1.1-10-10, 6-1.1-10-11, 6-1.1-10-13, 6-1.1-10-14, 6-1.1-10-15, 6-1.1-10-16, 6-1.1-10-16.5, 6-1.1-10-16.7, 6-1.1-10-16.8, 6-1.1-10-18.5, 6-1.1-10-24, 6-1.1-10-25, 6-1.1-10-26, 6-1.1-10-26.5, 6-1.1-10-27, 6-1.1-10-37.5, 6-1.1-10-37.8, 6-1.1-10-42, 6-1.1-10-44, 6-1.1-10-46, 6-1.1-10-47, 6-1.1-10-48, 6-1.1-10-50, 6-1.1-10-51, 6-1.1-10-54, 36-7-32.5-15