Senate Bill 152, co-sponsored by Republican State Representative Tom Dermody of LaPorte, will now go to the governor’s desk and await his signature to become law.
As part of this bill, if a homeowner feels their property assessment was calculated inaccurately, they have the ability to appeal their case to the Property Tax Assessment Board of Appeals (PTABOA). If the assessed value is increased by a certain amount, PTABOA is responsible for proving whether or not the assessment was done accurately. If a homeowner wins the appeal, a new and more accurate assessment is established and used for taxing purposes.
