Indiana Statutes

§ 21-36-4-5 — Property tax exemption

Indiana § 21-36-4-5
JurisdictionIndiana
Title 21HIGHER EDUCATION
Art. 36STATE EDUCATIONAL INSTITUTIONS:
Ch. 4Monetizing Capital Assets

This text of Indiana § 21-36-4-5 (Property tax exemption) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 21-36-4-5 (2026).

Text

Notwithstanding the provisions of IC 21-31-4-3 and IC 6-1.1-10-37:

(1)tangible real property that is owned by a state educational institution; and
(2)tangible real property that is constructed or used on real property described in subdivision (1), to the extent that tangible real property is described in IC 21-35-7-2; and that is licensed, leased, or otherwise conveyed to a developer or operator in accordance with the provisions of an agreement under this chapter is exempt from all ad valorem property taxes and special assessments levied against that tangible real property by the state or any political subdivision of the state. The exemption applies to the tangible real property and to the developer's or operator's leasehold estate interest, franchise interest, license interest, and othe

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Legislative History

As added by P.L.205-2013, SEC.335.

Nearby Sections

15
§ 21-12-1-1
Definitions
§ 21-12-1-11
"Fund"
§ 21-12-1-12
Repealed
§ 21-12-1-13
"Program"
§ 21-12-1-14
"Scholarship"
§ 21-12-1-2
"Academic term"
§ 21-12-1-3
"Academic year"
§ 21-12-1-4
"Active duty"
§ 21-12-1-4.5
"Adult student grant"
§ 21-12-1-6
"Commission"
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Bluebook (online)
Indiana § 21-36-4-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/21-36-4-5.