Indiana Code — Title 6 (Taxation)
IC 6-1.1-4-45
Assessment of land on which an outdoor sign is located
Sec. 45. (a) This section applies to assessment dates after December 31, 2014.
(b) As used in this section, "sign site" means the land beneath an outdoor sign that accommodates the outdoor sign display structure and foundation under a lease or a grant of an easement.
(c) An outdoor sign, and any associated lease, easement, and income, shall be disregarded for the purpose of determining an assessment of the land on which the outdoor sign is located, if:
# (1)
the sign site does not exceed the greater of:
# (A)
one-fourth (1/4) of an acre; or
# (B)
if the sign site exceeds one-fourth (1/4) of an acre, the area that is reasonably necessary to facilitate display of the outdoor sign; and
# (2)
the subject matter of the outdoor sign relates to products, services, or activities that are sold, produced, or conducted at a location other than the land for which the assessment is being determined.
As added by P.L.255-2017, SEC.8.
Amendment history
As added by P.L.255-2017, SEC.8.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-4-36 · Repealed
- 6-1.1-4-37 · Repealed
- 6-1.1-4-38 · Repealed
- 6-1.1-4-39 · Assessment of rental property and mobile homes; low income
- 6-1.1-4-39.5 · Assessment of qualified real property
- 6-1.1-4-40 · Exclusion of federal income tax credits in the…
- 6-1.1-4-41 · Assessment of low income rental housing
- 6-1.1-4-42 · True tax value of golf course real property determined…
- 6-1.1-4-43 · Repealed
- 6-1.1-4-43.5 · Assessment of certain commercial property; cost approach;
- 6-1.1-4-44 · Repealed
- 6-1.1-4-44.5 · Land classified as residential excess land; application…
- 6-1.1-4-45 · Assessment of land on which an outdoor sign is located
- 6-1.1-4-46 · Assessment of self-service storage facility
- 6-1.1-4-47 · Community land trust assessed value
- 6-1.1-5-1 · Plats
- 6-1.1-5-2 · Index numbering system
- 6-1.1-5-3 · Plats; entry on tax list
- 6-1.1-5-4 · Transfer books
- 6-1.1-5-5 · Change of ownership; partition; apportionment of assessed
- 6-1.1-5-5.5 · Real property interest created from previously existing…
- 6-1.1-5-5.7 · Auditor's endorsement required for recording of deed…
- 6-1.1-5-6 · Partition or transfer of real property; transcript of…
- 6-1.1-5-7 · Heirs or devisees; transfer on tax duplicate
- 6-1.1-5-8 · List of property; delivery to township or county assessor