US Lawyer Database

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 Repealed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 Repealed by P.L.146-2008, SEC.800.

6-1.1-10-42. 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 […]

6-1.1-10-44. 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 […]

6-1.1-10-47. 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 […]