Indiana Code — Title 6 (Taxation)
IC 6-1.1-10-20
Manual labor, technical, or trade schools; colleges
Sec. 20. Tangible property is exempt from property taxation if it is:
# (1)
owned by a manual labor school, a technical high school, a trade school, or a college which is incorporated within this state; and
# (2)
used, and in the case of real property actually occupied, for the purpose for which the institution is incorporated.
However, the institution's real property which is exempt from taxation under this section may not exceed eight hundred (800) acres in any one (1) county of this state.
[Pre-1975 Property Tax Recodification Citation: 6-1-1-2(4).]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by Acts 1977, P.L.2, SEC.18.
Amendment history
Formerly: Acts 1975, P.L.47, SEC.1. As amended by Acts 1977, P.L.2, SEC.18.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-10-13 · Stationary or unlicensed mobile air pollution control…
- 6-1.1-10-14 · Industrial waste control facility; stationary air…
- 6-1.1-10-15 · Public airports
- 6-1.1-10-15.5 · Commercial passenger aircraft; resolution required;…
- 6-1.1-10-16 · Exemption of building, land, and personal property used…
- 6-1.1-10-16.5 · Nonprofit corporation property located under or…
- 6-1.1-10-16.7 · Real property exemption; expiration
- 6-1.1-10-16.8 · Exemption of the basement area of dwellings located in…
- 6-1.1-10-17 · Memorial corporation property
- 6-1.1-10-18 · Nonprofit corporations supporting fine arts
- 6-1.1-10-18.5 · Nonprofit corporation property used in operation of…
- 6-1.1-10-19 · Public libraries
- 6-1.1-10-20 · Manual labor, technical, or trade schools; colleges
- 6-1.1-10-21 · Churches or religious societies; attestation of exempt use
- 6-1.1-10-22 · Dormitories of church colleges and universities
- 6-1.1-10-23 · Fraternal benefit associations
- 6-1.1-10-24 · Fraternity or sorority property
- 6-1.1-10-25 · Miscellaneous organizations
- 6-1.1-10-26 · County or district agricultural associations
- 6-1.1-10-26.5 · Agricultural organization; land on which a county fair…
- 6-1.1-10-27 · Cemetery corporations; churches; religious societies
- 6-1.1-10-28 · Free medical clinics
- 6-1.1-10-29 · Repealed
- 6-1.1-10-29.3 · Repealed
- 6-1.1-10-29.5 · Repealed