Indiana Code — Title 6 (Taxation)
IC 6-1.1-39-5.7
Limitation on renewal or extension of existing allocation area;
Official textiga.in.govlast amended
required conditions
Sec. 5.7. Notwithstanding any other law, if the Indiana economic development corporation subsequently designates territory that is located in an existing allocation area under this chapter as an innovation development district under IC 36-7-32.5, the allocation area may not be renewed or extended under this chapter until the term of the innovation development district expires.
As added by P.L.123-2024, SEC.5.
Amendment history
As added by P.L.123-2024, SEC.5.
Source: view the official text
Nearby sections (25 sections)
- 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
- 6-1.1-39-7 · Allocation areas; declaration as part of district…
- 6-1.1-39-8 · Expiration of district designation
- 6-1.1-39-9 · Industrial development program obligations; ordinance;
- 6-1.1-39-10 · Authorization to enter into an agreement with a taxpayer…
- 6-1.1-40-1 · "Commission"
- 6-1.1-40-1.5 · "Affiliate"
- 6-1.1-40-2 · "District"
- 6-1.1-40-3 · Repealed
- 6-1.1-40-4 · "New manufacturing equipment"
- 6-1.1-40-5 · "Redevelopment"
- 6-1.1-40-6 · "Rehabilitation"