Indiana Code 6-1.1-10-50. Property tax exemption; property located in an innovation development district
Current as of: 2023 | Check for updates
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Terms Used In Indiana Code 6-1.1-10-50
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 50. Property designated as exempt under IC 36-7-32.5-15(b) by an executive or the Indiana economic development corporation is exempt from property taxation.
As added by P.L.135-2022, SEC.4.