Jasper County Democrat, Volume 21, Number 102, Rensselaer, Jasper County, 22 March 1919 — NEW AFFIDAVITS UNNECESSARY [ARTICLE]

NEW AFFIDAVITS UNNECESSARY

Where Filed I’revions to Taking Effect of New Exemption Law. Strange N. Cragun, a member of the state board of tax commissioners, after a conference with Ele Stansbury, attorney-general of Indiana, Tuesday announced that it Is not necessary tor persons who already have filed affidavits for mortgage deductions with the auditor of their county to file new affidavits tp get under the more favorable mortgage deduction provisions of the new tax law which became effective March 12, Mr. Cragun salu that some time between now and June, when the county boards of review meet again, the state board will issue a statement to the boards calling their attention to the new mortgage deduction provisions and asking them to apply the new provision to every case, of whether affidavit for deduction had been filed after or before March I<2. yhe old law provided that a person was entitled to a deduction of S7OO for a mortgage, provided that the person's total assessment was twice the amount of deduction. The law required the person to file an affidavit covering the subject with the county auditor between March 1 and May 1. Many persons did so since March 1 of this year, and now, since the new law became effective, March 12, they are wondering whether they need- to file other affidavits, but, according to the state authorities, the •'action is unnecessary. The new law provides for naort-

gage deductions of SI,OOO. Affidavits must be filed between March 1 and the first Monday in May.