Indiana Code 6-1.1-6.7-10. Mineral production on land classified as filter strip; assessment
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Terms Used In Indiana Code 6-1.1-6.7-10
- filter strip: refers to a strip or an area of vegetation for removing sediment, organic matter and other pollutants from runoff and wastewater. See Indiana Code 6-1.1-6.7-1
Sec. 10. If any oil, gas, stone, coal, or other mineral is obtained from land that is classified as a filter strip, the parcel shall immediately be assessed for the oil, gas, stone, coal, or other mineral wealth. The assessed value of the mineral wealth shall then be placed on the tax duplicate.
As added by P.L.55-1991, SEC.1.