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Indiana Code — Title 6 (Taxation)

IC 6-1.1-10-49

Property tax exemption; transportation facility

Official textiga.in.govlast amended

Sec. 49.

# (a)

This section applies to assessment dates occurring after December 31, 2022.

# (b)

Tangible property (including without limitation, land, personal property, real property, and improvements to land) is exempt from property taxation if the property is used as a part of or incorporated into a transportation facility (as defined IC 5-23-2-17) under a public-private agreement executed in accordance with IC 5-23-8-1(a) or a development agreement executed in accordance with IC 5-23-8-1(b).

# (c)

The application of the exemption described in subsection (b) shall apply to otherwise qualifying tangible property irrespective of the owner or taxpayer of the property or when such property was placed in service.
As added by P.L.57-2022, SEC.10.

Amendment history

As added by P.L.57-2022, SEC.10.

Source: view the official text

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  13. 6-1.1-10-49 · Property tax exemption; transportation facility
  14. 6-1.1-10-50 · Property tax exemption; property located in an innovation
  15. 6-1.1-10-51 · Property tax exemption; property used for child care of
  16. 6-1.1-10-54 · "Designating body"
  17. 6-1.1-10.3-1 · "Business personal property"
  18. 6-1.1-10.3-2 · "Local income tax council"
  19. 6-1.1-10.3-3 · "Exemption ordinance"
  20. 6-1.1-10.3-4 · "New personal property"
  21. 6-1.1-10.3-5 · Adoption of exemption ordinance by local income tax…
  22. 6-1.1-10.3-6 · Application of exemption ordinance to all new personal
  23. 6-1.1-10.3-7 · Repeal or amendment of exemption ordinance
  24. 6-1.1-10.3-8 · Application not required
  25. 6-1.1-10.5-1 · Application of chapter
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