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Indiana Code — Title 6 (Taxation)

IC 6-1.1-12.5-4

Ordinance designating infrastructure development zone

Official textiga.in.govlast amended

Sec. 4. A county executive, a municipal legislative body, or, in Marion County, the county fiscal body, may adopt an ordinance designating a geographic territory as an infrastructure development zone after:

# (1)

conducting a public hearing on the proposed ordinance;

# (2)

publishing notice of the public hearing in the manner prescribed by IC 5-3-1; and

# (3)

making the following findings:

# (A)

Adequate eligible infrastructure is not available in the zone.

# (B)

Providing a property tax exemption to a person for investing in eligible infrastructure in the zone will provide:

(i) opportunities for increased natural gas usage, increased availability of broadband service, advanced services, and public water or wastewater service; and

(ii) economic development benefits;
in the zone.
As added by P.L.133-2013, SEC.1. Amended by P.L.91-2017, SEC.2.

Amendment history

As added by P.L.133-2013, SEC.1. Amended by P.L.91-2017, SEC.2.

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Nearby sections (25 sections)
  1. 6-1.1-12.4-6 · Official review of job creation and job retention…
  2. 6-1.1-12.4-7 · Notice of hearing requirements
  3. 6-1.1-12.4-8 · Hearing requirements; termination of deduction
  4. 6-1.1-12.4-9 · Notice of termination
  5. 6-1.1-12.4-10 · Appeal of termination
  6. 6-1.1-12.4-11 · Taxes not due while appeal pending
  7. 6-1.1-12.4-12 · Change of ownership
  8. 6-1.1-12.4-13 · Voidance of rules; investment property tax deduction
  9. 6-1.1-12.4-14 · Correction of error in deduction amount
  10. 6-1.1-12.5-1 · "Eligible infrastructure"
  11. 6-1.1-12.5-2 · "Natural gas utility"
  12. 6-1.1-12.5-3 · "Person"
  13. 6-1.1-12.5-4 · Ordinance designating infrastructure development zone
  14. 6-1.1-12.5-5 · Exemption from property taxation
  15. 6-1.1-12.6-0.5 · "Affiliated group"
  16. 6-1.1-12.6-1 · "Model residence"
  17. 6-1.1-12.6-2 · Applicability; amount of deduction; termination of…
  18. 6-1.1-12.6-2.1 · Expired
  19. 6-1.1-12.6-3 · Statement to claim deduction and information required;…
  20. 6-1.1-12.6-4 · Limitation of deduction to three residences; procedure…
  21. 6-1.1-12.6-5 · Deduction inapplicable in allocation area
  22. 6-1.1-12.6-6 · Prohibition against application of the deduction and a
  23. 6-1.1-12.6-7 · Application of the deduction on change of ownership
  24. 6-1.1-12.6-8 · Affiliated group limited to three deductions
  25. 6-1.1-12.6-9 · Voidance of rules; model residence property tax deduction
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