Indiana Code — Title 6 (Taxation)
IC 6-1.1-42-0.3
Legalization of certain brownfield revitalization zones,
deductions in brownfield revitalization zones; voiding designations of other brownfield revitalization zones, deductions
Sec. 0.3. (a) A brownfield revitalization zone that was established or a deduction in a brownfield revitalization zone that was granted after June 30, 1997, and before May 3, 1999, in conformity with this chapter, as amended by P.L.119-1999, is legalized and validated to the same extent as if the changes in P.L.119-1999 had been part of P.L.59-1997.
(b) A brownfield revitalization zone that was established or a deduction in a brownfield revitalization zone that was granted after June 30, 1997, and before May 3, 1999, in response to an applicant that:
# (1)
had an ownership interest in an entity that contributed; or
# (2)
contributed;
a contaminant (as defined in IC 13-11-2-42) that is the subject of a voluntary remediation under IC 13-25-5 is void to the same extent as if P.L.119-1999 had been part of P.L.59-1997.
As added by P.L.220-2011, SEC.132.
Amendment history
As added by P.L.220-2011, SEC.132.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-41-6 · Objections to establishment of fund or increase in tax rate
- 6-1.1-41-7 · Hearing on objections
- 6-1.1-41-8 · Notice of hearing
- 6-1.1-41-9 · Department of local government finance action on proposal;
- 6-1.1-41-10 · Imposition of tax levy to provide for fund
- 6-1.1-41-11 · Reduction or rescission of annual levy
- 6-1.1-41-12 · Petition for reduction or revision of fund levy
- 6-1.1-41-13 · Property tax levy
- 6-1.1-41-14 · Earmarking of levied tax funds; expenditures
- 6-1.1-41-15 · Transfer of fund balance; revision
- 6-1.1-41-16 · Town of Zionsville; cumulative fund for fire protection…
- 6-1.1-41-17 · Frankfort airport authority; cumulative building fund…
- 6-1.1-42-0.3 · Legalization of certain brownfield revitalization zones,
- 6-1.1-42-1 · "Brownfield" defined
- 6-1.1-42-2 · "Designating body" defined
- 6-1.1-42-3 · "Remediation" defined
- 6-1.1-42-4 · "Zone" defined
- 6-1.1-42-5 · Application for designation as brownfield revitalization…
- 6-1.1-42-6 · Statement of public benefits
- 6-1.1-42-7 · Powers of designating body
- 6-1.1-42-8 · Duties of designating body
- 6-1.1-42-9 · Adoption of resolution
- 6-1.1-42-10 · Publication of notice
- 6-1.1-42-11 · Review of statement of benefits
- 6-1.1-42-12 · Designation of brownfield revitalization zone