Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 50. DEPARTMENT OF LOCAL GOVERNMENT FINANCE |
Article 50IAC8. TAX INCREMENT FINANCE |
Rule 50IAC8-1. Definitions |
Section 50IAC8-1-17. "Potential captured assessment individual component" defined
Latest version.
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As used in this article, "potential captured assessment individual component" means, with respect to a parcel of allocation area real property or a return of allocation area personal property, the component of assessed valuation that, when aggregated with all other potential captured assessment individual components, constitutes the potential captured assessment. (Department of Local Government Finance; 50 IAC 8-1-17; filed Jan 30, 1989, 3:30 p.m.: 12 IR 1353)