Indiana Code — Title 6 (Taxation)
IC 6-1.1-20.6-2.3
"Long term care property"
Sec. 2.3. As used in this chapter, "long term care property" means property that:
# (1)
is used for the long term care of an impaired individual; and
# (2)
is one (1) of the following:
# (A)
A health facility licensed under IC 16-28.
# (B)
A housing with services establishment (as defined in IC 12-10-15-3) that is allowed to use the term "assisted living" to describe the housing with services establishment's services and operations to the public.
# (C)
An independent living home that, under contractual agreement, serves not more than eight (8) individuals who:
(i) have a mental illness or developmental disability;
(ii) require regular but limited supervision; and
(iii) reside independently of their families.
As added by P.L.146-2008, SEC.216.
Amendment history
As added by P.L.146-2008, SEC.216.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-20.4-4 · Requirement for credit; adoption of ordinance or…
- 6-1.1-20.4-5 · Calculation of credit
- 6-1.1-20.4-6 · Credit applicable only to homestead
- 6-1.1-20.4-7 · Exemption from filing requirement
- 6-1.1-20.4-8 · Adjustment of distributions to reflect credit
- 6-1.1-20.4-9 · Limitations on recovering lost revenue
- 6-1.1-20.6-0.3 · General assembly findings
- 6-1.1-20.6-0.5 · "Agricultural land"
- 6-1.1-20.6-1 · Repealed
- 6-1.1-20.6-1.2 · "Common areas"
- 6-1.1-20.6-1.6 · "Gross assessed value"
- 6-1.1-20.6-2 · "Homestead"
- 6-1.1-20.6-2.3 · "Long term care property"
- 6-1.1-20.6-2.4 · "Manufactured home"; "mobile home"
- 6-1.1-20.6-2.5 · "Nonresidential real property"
- 6-1.1-20.6-3 · "Property tax liability"
- 6-1.1-20.6-3.5 · Repealed
- 6-1.1-20.6-4 · "Residential property"
- 6-1.1-20.6-5 · Repealed
- 6-1.1-20.6-6 · Repealed
- 6-1.1-20.6-6.5 · Repealed
- 6-1.1-20.6-7 · Calculation of credit
- 6-1.1-20.6-7.5 · Calculation of credit
- 6-1.1-20.6-7.7 · Supplemental homestead credit
- 6-1.1-20.6-8 · Exemption from filing requirement