Indiana Code — Title 6 (Taxation)
IC 6-1.1-39-0.5
Allocation area limitation
Sec. 0.5. (a) This section does not apply to a parcel that is included in more than one (1) allocation area established by:
# (1)
an ordinance adopted under section 2 of this chapter and confirmed under section 3 of this chapter;
# (2)
a resolution adopted under IC 8-22-3.5-5 and confirmed under IC 8-22-3.5-6;
# (3)
a resolution establishing an allocation provision under IC 36-7-14-39 that is adopted and approved under IC 36-7-14-15, IC 36-7-14-16, and IC 36-7-14-17;
# (4)
a resolution establishing an allocation provision under IC 36-7-15.1-26 that is adopted and approved under IC 36-7-15.1-8, IC 36-7-15.1-9, and IC 36-7-15.1-10;
# (5)
a resolution establishing an allocation provision under IC 36-7-30-25 that is adopted and approved under IC 36-7-30-10, IC 36-7-30-11, and IC 36-7-30-12;
# (6)
a resolution establishing an allocation provision under IC 36-7-30.5-30 that is adopted and approved under IC 36-7-30.5-16, IC 36-7-30.5-17, and IC 36-7-30.5-18;
or
# (7)
a resolution designating a certified technology park as an allocation area that is approved and adopted under IC 36-7-32-15;
on or before May 1, 2021. In addition, a new allocation area may not be established under this chapter that includes a parcel that is located in an allocation area described in this subsection.
(b) Except as provided in subsection (a), but notwithstanding any other provision, for the purpose of the allocation of property taxes under this chapter, a parcel may not be included in more than one (1) allocation area under this chapter or under:
(1) IC 8-22-3.5;
(2) IC 36-7-14;
(3) IC 36-7-15.1;
(4) IC 36-7-30;
(5) IC 36-7-30.5;
(6) IC 36-7-32; or
(7) IC 36-7-32.5.
As added by P.L.38-2021, SEC.37. Amended by P.L.135-2022, SEC.5.
Amendment history
As added by P.L.38-2021, SEC.37. Amended by P.L.135-2022, SEC.5.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-37-9 · Property taxes; deadlines; interest rate; penalties
- 6-1.1-37-10 · Penalties for delinquent taxes; amount; application of…
- 6-1.1-37-10.1 · Repealed
- 6-1.1-37-10.5 · Repealed
- 6-1.1-37-10.7 · Repealed
- 6-1.1-37-11 · Repealed
- 6-1.1-37-12 · Interest or penalties credited or charged to appropriate…
- 6-1.1-37-13 · Prosecuting attorneys; enforcement
- 6-1.1-37-14 · Repealed
- 6-1.1-37-15 · Penalties; waiver, negotiation, or settlement
- 6-1.1-37-16 · Authorization for a county to waive interest and penalties
- 6-1.1-39-0.3 · Legalization of certain loans, loan agreements, and…
- 6-1.1-39-0.5 · Allocation area limitation
- 6-1.1-39-1 · Application of chapter
- 6-1.1-39-1.1 · "Additional area"
- 6-1.1-39-1.2 · "Local public improvement"
- 6-1.1-39-1.5 · "Industrial development program"
- 6-1.1-39-1.6 · "Qualified industrial development project"
- 6-1.1-39-2 · Designation of unit area as district; adoption of…
- 6-1.1-39-2.5 · Review of proposed project; preliminary certification
- 6-1.1-39-3 · Notice of adoption of ordinance; hearing; requisites; final
- 6-1.1-39-4 · Appellate procedure; grounds; burden of proof
- 6-1.1-39-5 · Allocation and distribution of property taxes; assessed…
- 6-1.1-39-5.7 · Limitation on renewal or extension of existing…
- 6-1.1-39-6 · Enlargement of districts