50 Ind. Admin. Code 26-7-22

Current through October 31, 2024
Section 50 IAC 26-7-22 - Settlement

Authority: IC 6-1.1-31-1; IC 6-1.1-31.5-3.5

Affected: IC 6-1.1-27; IC 6-1.1-31.5

Sec. 22.

Tax and billing software must be able to do the following:

(1) Calculate monies available for distribution to individual taxing units under IC 6-1.1-27 and in the manner prescribed by the following:
(A) The state board of accounts according to the following:
(i) The manual for county auditors.
(ii) The manual for county treasurers.
(B) The settlement instructions.
(2) Record all data required to prepare the following:
(A) The certificate of settlement according to requirements under IC 6-1.1-27 and in the manner prescribed by the following:
(i) The state board of accounts according to the manual for county auditors and manual for county treasurers.
(ii) The settlement instructions.
(B) The statement of the distribution of taxes collected according to the requirements set forth in IC 6-1.1-27 and in the manner prescribed by the following:
(i) The state board of accounts according to the manual for county auditors and manual for county treasurers.
(ii) The settlement instructions.

50 IAC 26-7-22

Department of Local Government Finance; 50 IAC 26-7-22; filed Jan 28, 2011, 3:07 p.m.: 20110223-IR-050100165FRA