Partnertax.ai
Start free trial →

Indiana Code — Title 6 (Taxation)

IC 6-1.1-8.7-2

"Industrial facility"

Official textiga.in.govlast amended

Sec. 2. As used in this chapter, "industrial facility" means a company's real property that:

# (1)

has been classified as industrial property under the rules of the department; and

# (2)

has a true tax value, as estimated by the department, of at least thirty-five million dollars ($35,000,000) in a county.
The term includes real property that is used under an agreement under which the user exercises the beneficial rights of ownership for the majority of a year. The term does not include real property assessed under IC 6-1.1-8.
As added by P.L.198-2001, SEC.27. Amended by P.L.159-2020, SEC.13.

Amendment history

As added by P.L.198-2001, SEC.27. Amended by P.L.159-2020, SEC.13.

Source: view the official text

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
Nearby sections (25 sections)
  1. 6-1.1-8.5-3 · "Qualifying county" defined
  2. 6-1.1-8.5-4 · Repealed
  3. 6-1.1-8.5-5 · Facility to be assessed in prescribed manner
  4. 6-1.1-8.5-6 · County assessor to provide list of industrial facilities…
  5. 6-1.1-8.5-7 · Notice of newly constructed facilities
  6. 6-1.1-8.5-8 · Reassessment by the department; local officials and…
  7. 6-1.1-8.5-9 · Support of department's assessor
  8. 6-1.1-8.5-10 · Certification of true tax values
  9. 6-1.1-8.5-11 · Appeal of industrial facility assessment to the Indiana…
  10. 6-1.1-8.5-12 · Rules
  11. 6-1.1-8.5-13 · Conflicts with provisions in other chapters
  12. 6-1.1-8.7-1 · "Industrial company" and "department"
  13. 6-1.1-8.7-2 · "Industrial facility"
  14. 6-1.1-8.7-3 · Petitions for reassessment of industrial facilities
  15. 6-1.1-8.7-4 · Assessments by department of local government finance
  16. 6-1.1-8.7-5 · Scheduling of assessments
  17. 6-1.1-8.7-6 · Support from county assessors
  18. 6-1.1-8.7-7 · Certification of values; appeal and review
  19. 6-1.1-8.7-8 · Appeal of industrial facility assessment to the Indiana…
  20. 6-1.1-8.7-9 · Adoption of rules
  21. 6-1.1-8.7-10 · Conflict of laws
  22. 6-1.1-9-1 · Notice to taxpayers
  23. 6-1.1-9-2 · Adjustment statement; filing
  24. 6-1.1-9-3 · Increasing assessment; limitation; failure to file or…
  25. 6-1.1-9-4 · Prior year assessments; notice; bona fide purchasers; lien
Full table of contents →