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Indiana Code — Title 6 (Taxation)

IC 6-1.1-3-25

Exemption from valuation limitations for property located in

Official textiga.in.govlast amended

entrepreneur and enterprise district
Sec. 25. (a) As used in this section, "district" refers to an entrepreneur and enterprise district designated under IC 5-28-15.5.

(b) Notwithstanding section 22(b) of this chapter and IC 6-1.1-8-44(b), assessable depreciable personal property that:

# (1)

is located in a district;

# (2)

is placed in service in the district by the owner of the property after the designation of the district under IC 5-28-15.5; and

# (3)

is used within the district by one (1) or more employees who perform the majority of their service within the district;
is not subject to the valuation limitations in section 29 of this chapter or IC 6-1.1-8-45.
As added by P.L.238-2017, SEC.8. Amended by P.L.68-2025, SEC.10.

Amendment history

As added by P.L.238-2017, SEC.8. Amended by P.L.68-2025, SEC.10.

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Nearby sections (25 sections)
  1. 6-1.1-3-15 · Failure to file return; alternative assessment procedures;
  2. 6-1.1-3-16 · Property converted for tax avoidance; assessment
  3. 6-1.1-3-17 · Assessment list; certification to county auditor
  4. 6-1.1-3-18 · Reports to county assessors and auditors; copies of returns
  5. 6-1.1-3-19 · Information available to county assessor and county…
  6. 6-1.1-3-20 · Change in valuation; notice
  7. 6-1.1-3-21 · Preservation of records; inspection
  8. 6-1.1-3-22 · Personal property tax rules; prohibition against amendment…
  9. 6-1.1-3-22.5 · Personal property tax; depreciable property; year of
  10. 6-1.1-3-23 · General assembly findings; election of valuation method for
  11. 6-1.1-3-23.5 · Election of valuation method for mini-mill equipment
  12. 6-1.1-3-24 · Valuation; outdoor advertising signs
  13. 6-1.1-3-25 · Exemption from valuation limitations for property located…
  14. 6-1.1-3-26 · Online portal for personal property tax returns;…
  15. 6-1.1-3-27 · Fees
  16. 6-1.1-3-28 · Personal property online submission portal fund
  17. 6-1.1-3-29 · Depreciable personal property 30% minimum valuation
  18. 6-1.1-4-1 · Place of assessment; person liable
  19. 6-1.1-4-2 · Assessment of property held by fiduciary
  20. 6-1.1-4-3 · Heirs or devisees; assessment
  21. 6-1.1-4-4 · Expired
  22. 6-1.1-4-4.2 · County reassessment plan; approval by department of local
  23. 6-1.1-4-4.3 · Repealed
  24. 6-1.1-4-4.4 · Repealed
  25. 6-1.1-4-4.5 · Annual adjustment of assessed value of real property;…
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