Indiana Statutes
§ 36-7-38-20 — Limitation on property tax exemption for leased property
Indiana § 36-7-38-20
This text of Indiana § 36-7-38-20 (Limitation on property tax exemption for leased property) 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 § 36-7-38-20 (2026).
Text
Notwithstanding IC 6-1.1-10-4, after a land
bank acquires title to a parcel of real property, the property tax
exemption provided under IC 6-1.1-10-4 terminates for the parcel of
real property on the final day of the first uninterrupted forty-eight (48)
month period for which the land bank has leased, or offered to lease, all
or part of the parcel of real property to one (1) or more tenants.
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Legislative History
As added by P.L.211-2016, SEC.1.
Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
RepealedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 36-7-38-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-7-38-20.