6-1.1-10-22. Dormitories of Church Colleges and Universities
Sec. 22. A tract of land, not exceeding one (1) acre, and the improvements situated on the land are exempt from property taxation if they are: (1) owned by a church; and (2) exclusively used by the church as a dormitory for the students of a college or university which is located within this state. […]
6-1.1-10-12. Stationary or Unlicensed Mobile Air Pollution Control System
Sec. 12. (a) Personal property is exempt from property taxation if: (1) it is part of a stationary or unlicensed mobile air pollution control system of a private manufacturing, fabricating, assembling, extracting, mining, processing, generating, refining, or other industrial facility; (2) it is not primarily used in the production of property for sale; (3) it […]
6-1.1-10-23. Fraternal Benefit Associations
Sec. 23. (a) Subject to the limitations contained in subsection (b) of this section, tangible property is exempt from property taxation if it is owned by a fraternal beneficiary association which is incorporated, organized, or licensed under the laws of this state. (b) This exemption does not apply to real property unless it is actually […]
6-1.1-10-13. Stationary or Unlicensed Mobile Air Pollution Control System; Claim for Exemption
Sec. 13. (a) The owner of personal property which is part of a stationary or unlicensed mobile air pollution control system who wishes to obtain the exemption provided in section 12 of this chapter shall claim the exemption on the owner’s annual personal property return. On the return, the owner shall describe and state the […]
6-1.1-10-24. Fraternity or Sorority Property
Sec. 24. (a) Subject to the limitations contained in subsection (b) of this section, the following tangible property is exempt from property taxation if it is owned by a fraternity or sorority that is exempt from federal income taxation under Section 501(c)(2), Section 501(c)(3), or Section 501(c)(7) of the Internal Revenue Code: (1) a tract […]
6-1.1-10-14. Industrial Waste Control Facility; Stationary Air Purification System; Action on Exemption Claim Treated as Assessment
Sec. 14. The action taken by a township or county assessor on an exemption claim filed under section 10 or 13 of this chapter shall be treated as an assessment of personal property. Thus, the assessor’s action is subject to all the provisions of this article pertaining to notice, review, or appeal of personal property […]
6-1.1-10-25. Miscellaneous Organizations
Sec. 25. (a) Subject to the limitations contained in subsection (b) of this section, tangible property is exempt from property taxation if it is owned by any of the following organizations: (1) The Young Men’s Christian Association. (2) The Salvation Army, Inc. (3) The Knights of Columbus. (4) The Young Men’s Hebrew Association. (5) The […]
6-1.1-10-15. Public Airports
Sec. 15. (a) The acquisition and improvement of land for use by the public as an airport and the maintenance of commercial passenger aircraft is a municipal purpose regardless of whether the airport or maintenance facility is owned or operated by a municipality. The owner of any airport located in this state, who holds a […]
6-1.1-10-1. United States Property
Sec. 1. (a) The property of the United States and its agencies and instrumentalities is exempt from property taxation to the extent that this state is prohibited by law from taxing it. However, any interest in tangible property of the United States shall be assessed and taxed to the extent this state is not prohibited […]
6-1.1-10-2. State Property; Property Leased to a State Agency
Sec. 2. (a) Except as otherwise provided by law, the property owned by this state, a state agency, or the bureau of motor vehicles commission is exempt from property taxation. (b) Real property leased to a state agency is exempt from property taxes if the lease, regardless of the commencement date, requires the state agency […]