| || |
DIGEST OF INTRODUCED BILL
Homestead disqualifications. Requires the county auditor to record that a dwelling and the real estate surrounding the dwelling no longer qualify as a homestead for various property tax reductions. Provides that a bona fide purchaser without knowledge of the removal of the qualification is not liable for property taxes and civil penalties accruing during the period from the date of the county auditor's determination to the date the county auditor records the disqualification.