6-1.1-10-39. Intangible Personal Property Exemptions
Sec. 39. Intangible personal property, including the following, is exempt from taxation under this article: (1) A promissory note. (2) A share of stock in a foreign corporation. (3) A bond. (4) A debenture. (5) A postal savings certificate. (6) Equity in a brokerage or trading account. (7) A deposit of money. (8) A loan […]
6-1.1-10-40. Repealed
As added by P.L.54-1991, SEC.2. Amended by P.L.64-1993, SEC.1; P.L.90-2002, SEC.103. Repealed by P.L.146-2008, SEC.800.
6-1.1-10-41. Exempt Property Purchased Under Contract of Sale by Person Not Qualifying for Exemption
Sec. 41. (a) This section does not apply to a contract described in section 5.5 of this chapter. (b) If real or personal property that is exempt from taxation under section 2 or 4 of this chapter: (1) is being purchased under a contract of sale by another person: (A) whose real or personal property […]
6-1.1-10-42. Small Business Incubator Program
Sec. 42. (a) A corporation that is: (1) nonprofit; and (2) participates in the small business incubator program under IC 5-28-21; is exempt from property taxation to the extent of tangible property used for small business incubation. (b) A corporation that wishes to obtain an exemption from property taxation under this section must file an […]
6-1.1-10-43. Repealed
As added by P.L.74-2003, SEC.3. Repealed by P.L.146-2008, SEC.800.
6-1.1-10-44. Enterprise Information Technology Equipment
Sec. 44. (a) As used in this section, “designating body” means the fiscal body of: (1) a county that does not contain a consolidated city; or (2) a municipality. (b) As used in this section, “eligible business” means an entity that meets the following requirements: (1) The entity is engaged in a business that: (A) […]
6-1.1-10-45. Indiana Department of Transportation Signage
Sec. 45. (a) Tangible personal property consisting of a sign that is manufactured for the Indiana department of transportation in order for the department to comply with 23 U.S.C. 131 is exempt from personal property taxation. (b) The owner of personal property that wishes to obtain the exemption provided by this section must file an […]
6-1.1-10-46. Property Tax Exemption; for Profit Early Childhood Education Provider
Sec. 46. (a) Tangible property owned, occupied, or used by a for-profit provider of early childhood education services to children who are at least four (4) but less than six (6) years of age is exempt from property taxation under section 16 of this chapter only if all the following requirements are satisfied: (1) The […]
6-1.1-10-47. Property Tax Exemption; Certain Federally-Qualified Health Centers
Sec. 47. (a) This section applies to an assessment date occurring after December 31, 2017. (b) Tangible property owned by a nonprofit corporation is exempt from property taxation if the following apply: (1) The owner is an organization exempt from taxation under Section 501(c)(3) of the Internal Revenue Code. (2) The owner is: (A) a […]
6-1.1-10-48. Property Tax Exemption; Nonprofit Health, Fitness, Aquatics, and Community Center
Sec. 48. (a) This section applies to assessment dates occurring after December 31, 2016. (b) Tangible property is exempt from property taxation if: (1) it is owned by an Indiana nonprofit public benefit corporation exempt from taxation under Section 501(c)(3) of the Internal Revenue Code; (2) the property is used in the operation of a […]