Indiana Statutes

§ 6-1.1-10-26.5 — Agricultural organization; land on which a county fair is conducted; improvements; personal property

Indiana § 6-1.1-10-26.5
JurisdictionIndiana
Art. 1.1PROPERTY TAXES
Ch. 10Exemptions

This text of Indiana § 6-1.1-10-26.5 (Agricultural organization; land on which a county fair is conducted; improvements; personal 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 § 6-1.1-10-26.5 (2026).

Text

5.

(a)This section applies to an assessment date occurring after December 31, 2010.
(b)The following tangible property is exempt from property taxation if the tangible property is owned by an agricultural organization that is exempt from federal income taxation under Section 501(c)(5) of the Internal Revenue Code:
(1)A tract of land of not more than one hundred forty (140) acres on which a county fair has been conducted for at least fifty (50) years.
(2)The improvements situated on the tract of land.
(3)The personal property located on the tract of land and used for the exempt purposes of the agricultural organization.

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Legislative History

As added by P.L.148-2015, SEC.4.

Nearby Sections

15
§ 6-1.1-1-1
Applicability
§ 6-1.1-1-1.5
"Assessing official"
§ 6-1.1-1-10
"Person"
§ 6-1.1-1-11
"Personal property"
§ 6-1.1-1-13
Repealed
§ 6-1.1-1-14
"Property taxation"
§ 6-1.1-1-15
"Real property"
§ 6-1.1-1-18
"State agency"
§ 6-1.1-1-19
"Tangible property"
§ 6-1.1-1-2
"Assessment date"
§ 6-1.1-1-20
"Taxing district"
§ 6-1.1-1-21
"Taxing unit"
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Bluebook (online)
Indiana § 6-1.1-10-26.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-10-26.5.