Indiana § 36-7-14-39.2 Designated taxpayer; modification of definition of property taxes;
allocation provision of declaratory resolution

Indiana Statutes

§ 36-7-14-39.2 — Designated taxpayer; modification of definition of property taxes; allocation provision of declaratory resolution

Indiana § 36-7-14-39.2

Title 36LOCAL GOVERNMENT

Art. 7PLANNING AND DEVELOPMENT

Ch. 14Redevelopment of Areas Needing Redevelopment

This text of Indiana § 36-7-14-39.2 (Designated taxpayer; modification of definition of property taxes; allocation provision of declaratory resolution) 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 § 36-7-14-39.2 (2026).

Text

2.

(a)This section applies to a county having a population of more than two hundred fifty thousand (250,000) and less than three hundred thousand (300,000).

(b)As used in this section, "designated taxpayer" means any taxpayer designated by the commission in a declaratory resolution adopted or amended under section 15 or 17.5 of this chapter and with respect to which the commission finds that taxes to be derived from the taxpayer's depreciable personal property in the allocation area, in excess of the taxes attributable to the base assessed value of that personal property, are reasonably expected to exceed in one (1) or more future years the taxes to be derived from the taxpayer's real property in the allocation area in excess of the taxes attributable to the base assessed value of that r

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2. (a) This section applies to a county
having a population of more than two hundred fifty thousand (250,000)
and less than three hundred thousand (300,000).
(b) As used in this section, "designated taxpayer" means any
taxpayer designated by the commission in a declaratory resolution
adopted or amended under section 15 or 17.5 of this chapter and with
respect to which the commission finds that taxes to be derived from the
taxpayer's depreciable personal property in the allocation area, in
excess of the taxes attributable to the base assessed value of that
personal property, are reasonably expected to exceed in one (1) or more
future years the taxes to be derived from the taxpayer's real property in
the allocation area in excess of the taxes attributable to the base
assessed value of that real property.
(c) The allocation provision of a declaratory resolution may modify
the definition of "property taxes" under section 39(a) of this chapter to
include taxes imposed under IC 6-1.1 on the depreciable personal
property of designated taxpayers, in accordance with the procedures
and limitations set forth in this section and section 39 of this chapter.
If such a modification is included in the resolution for purposes of
section 39 of this chapter, the term "base assessed value" with respect
to the depreciable personal property of designated taxpayers means,
subject to section 39(j) of this chapter, the net assessed value of all the
depreciable personal property as finally determined for the assessment
date immediately preceding:
(1) the effective date of the modification, for modifications
adopted before July 1, 1995; and
(2) the adoption date of the modification for modifications
adopted after June 30, 1995;
as adjusted under section 39(h) of this chapter.

Legislative History

As added by P.L.170-1990, SEC.3. Amended by P.L.12-1992, SEC.170; P.L.25-1995, SEC.85; P.L.119-2012, SEC.207; P.L.214-2019, SEC.34; P.L.257-2019, SEC.121; P.L.104-2022, SEC.188.