Indiana Code — Title 6 (Taxation)
IC 6-1.1-6-15
Minerals on land; assessment
Official textiga.in.govlast amended
Sec. 15. If any oil, gas, stone, coal, or other mineral is obtained from land which is classified as native forest land, a forest plantation, or wildlands, the parcel shall immediately be assessed for the oil, gas, stone, coal, or other mineral wealth. The assessed value of the mineral wealth shall then be placed on the tax duplicate.
[Pre-1975 Property Tax Recodification Citation: 6-8-2-14.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.66-2006, SEC.15.
Amendment history
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.66-2006, SEC.15.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-6-5 · Size restrictions of classified land parcel
- 6-1.1-6-5.3 · Classification of a parcel containing wetlands as…
- 6-1.1-6-5.5 · Revised application with state forester
- 6-1.1-6-6 · Classification not permitted if building is on parcel
- 6-1.1-6-7 · Classification not permitted if grazing on parcel
- 6-1.1-6-8 · Repealed
- 6-1.1-6-9 · Parcel description
- 6-1.1-6-10 · Repealed
- 6-1.1-6-11 · Applications for classification; signatures
- 6-1.1-6-12 · Approval of applications
- 6-1.1-6-13 · Recording approved application
- 6-1.1-6-14 · Rate of assessment; adjustment
- 6-1.1-6-15 · Minerals on land; assessment
- 6-1.1-6-16 · Timber and wildlife management standards
- 6-1.1-6-17 · Special permits
- 6-1.1-6-18 · Signs; posting on land
- 6-1.1-6-19 · Inspection of land; records; use of geographic information
- 6-1.1-6-20 · Withdrawal of land from classification; revised…
- 6-1.1-6-21 · Withdrawal from classification by state; assessment of land
- 6-1.1-6-22 · Repealed
- 6-1.1-6-23 · Withdrawal of classification; notice to county official
- 6-1.1-6-24 · Tax payments and penalties upon withdrawal; lien on land;
- 6-1.1-6-25 · Effect of conveyance on classification; new application for
- 6-1.1-6-26 · Plat and recording expenses
- 6-1.1-6-27 · Landowner's report