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Indiana Code — Title 6 (Taxation)

IC 6-1.1-8-6

Bridge companies

Official textiga.in.govlast amended

Sec. 6. (a) The fixed property of a bridge company consists of real property which is not part of a bridge head or right-of-way of the company. The remainder of the bridge company's property is distributable property.

(b) A bridge company's definite-situs distributable property consists of:

# (1)

bridges;

# (2)

land on which bridge heads are located; and

# (3)

the company's rights-of-way.

(c) A bridge company's property which is not described in subsection (a) or (b) is indefinite-situs distributable property. The department of local government finance shall apportion and distribute the assessed valuation of this property among the taxing districts in which the company has property that is described in either subsection (a) or (b). The amount which the department of local government finance shall distribute to a taxing district equals the product of (1) the total assessed valuation of the bridge company's indefinite-situs distributable property, multiplied by (2) a fraction, the numerator of which is the value of the company's property which is located in the taxing district and which is described in either subsection (a) or (b), and the denominator of which is the value of the company's property which is located in this state and which is described in either subsection (a) or (b).
[Pre-1975 Property Tax Recodification Citation: 6-1-44-11(7) part.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by Acts 1977, P.L.2, SEC.12;
P.L.90-2002, SEC.58.

Amendment history

Formerly: Acts 1975, P.L.47, SEC.1. As amended by Acts 1977, P.L.2, SEC.12; P.L.90-2002, SEC.58.

Source: view the official text

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Nearby sections (25 sections)
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  2. 6-1.1-7-11 · Movers of mobile homes; display of permit
  3. 6-1.1-7-12 · Violation of IC 6-1.1-7-11(a); offense
  4. 6-1.1-7-13 · Violation of IC 6-1.1-7-3; offense
  5. 6-1.1-7-14 · Violation of IC 6-1.1-7-10.4; offense
  6. 6-1.1-7-15 · Waiver of personal property tax liability on certain mobile
  7. 6-1.1-7-16 · Duty to develop a system for recording property tax
  8. 6-1.1-8-1 · Property owned or used by public utility company
  9. 6-1.1-8-2 · Definitions
  10. 6-1.1-8-3 · Companies subject to taxation; exemptions
  11. 6-1.1-8-4 · Companies within and partially outside state; tax
  12. 6-1.1-8-5 · Fixed property; definite-situs distributable property;
  13. 6-1.1-8-6 · Bridge companies
  14. 6-1.1-8-7 · Bus companies
  15. 6-1.1-8-8 · Express companies
  16. 6-1.1-8-9 · Light, heat, or power companies
  17. 6-1.1-8-10 · Pipe line companies
  18. 6-1.1-8-11 · Railroad companies
  19. 6-1.1-8-12 · Railcar companies
  20. 6-1.1-8-12.5 · Repealed
  21. 6-1.1-8-13 · Sleeping car companies
  22. 6-1.1-8-14 · Street railway companies
  23. 6-1.1-8-15 · Telephone, telegraph, or cable companies
  24. 6-1.1-8-16 · Tunnel companies
  25. 6-1.1-8-17 · Water distribution companies
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