Indiana Code 36-7-14-37. Redevelopment districts and departments; tax exemptions
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Sec. 37. (a) Real property acquired by the redevelopment district is exempt from taxation while owned by the district.
(c) All other property of the department of redevelopment is exempt from taxation.
(b) All receipts of the department of redevelopment, including receipts from the sale of real property, personal property, and materials disposed of, are exempt from all taxes.
Terms Used In Indiana Code 36-7-14-37
- Property: includes personal and real property. See Indiana Code 1-1-4-5
[Pre-Local Government Recodification Citations: 18-7-7-35; 18-7-7.1-36.]
As added by Acts 1981, P.L.309, SEC.33. Amended by P.L.192-2002(ss), SEC.176.