Indiana Code — Title 6 (Taxation)
IC 6-1.1-10-42
Small business incubator program
Official textiga.in.govlast amended
Sec. 42. (a) A corporation that is:
# (1)
nonprofit; and
# (2)
participates in the small business incubator program under IC 5-28-21;
is exempt from property taxation to the extent of tangible property used for small business incubation.
(b) A corporation that wishes to obtain an exemption from property taxation under this section must file an exemption application under IC 6-1.1-11.
As added by P.L.178-2002, SEC.14. Amended by P.L.4-2005, SEC.35.
Amendment history
As added by P.L.178-2002, SEC.14. Amended by P.L.4-2005, SEC.35.
Source: view the official text
Nearby sections (25 sections)
- 10-18-2-22 · IC 36-7-18-25
- 10-18-1-36 · IC 36-9-4-52
- 10-18-3-12 · IC 36-9-11-10
- 10-18-4-21 · IC 36-9-11.1-11
- 10-18-7-9 · IC 36-9-13-36
- 14-33-20-27 · IC 36-9-13-37
- 15-13-4-4 · IC 36-9-30-31
- 16-22-6-34 · IC 36-10-8-18
- 21-34-8-3 · IC 36-10-9-18
- 6-1.1-10-39 · Intangible personal property exemptions
- 6-1.1-10-40 · Repealed
- 6-1.1-10-41 · Exempt property purchased under contract of sale by person
- 6-1.1-10-42 · Small business incubator program
- 6-1.1-10-43 · Repealed
- 6-1.1-10-44 · Enterprise information technology equipment
- 6-1.1-10-45 · Indiana department of transportation signage
- 6-1.1-10-46 · Property tax exemption; for profit early childhood…
- 6-1.1-10-47 · Property tax exemption; certain federally-qualified health
- 6-1.1-10-48 · Property tax exemption; nonprofit health, fitness,…
- 6-1.1-10-49 · Property tax exemption; transportation facility
- 6-1.1-10-50 · Property tax exemption; property located in an innovation
- 6-1.1-10-51 · Property tax exemption; property used for child care of
- 6-1.1-10-54 · "Designating body"
- 6-1.1-10.3-1 · "Business personal property"
- 6-1.1-10.3-2 · "Local income tax council"