Sec. 8. On the date specified in the notice described in section 6(3) of this chapter, the official shall conduct a hearing for the purpose of further
considering the property owner's creation or retention of employment as described
in section 6(1) of this chapter. Based on the information presented at the hearing by the property owner and other
interested parties, the official shall determine whether the property owner has made
reasonable efforts to create or retain employment as described in section 6(1) of this chapter and whether any failure to create or retain employment was caused
by factors beyond the control of the property owner. If the official determines that the property owner has not made reasonable efforts
to create or retain employment, the official shall determine that the property owner's
deduction under this chapter is terminated. If the official terminates the deduction, the deduction does not apply to:
(1) the next installment of property taxes owed by the property owner; or
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.