Indiana Statutes

§ 6-1.1-10-42 — Small business incubator program

Indiana § 6-1.1-10-42
JurisdictionIndiana
Art. 1.1PROPERTY TAXES
Ch. 10Exemptions

This text of Indiana § 6-1.1-10-42 (Small business incubator program) 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 § 6-1.1-10-42 (2026).

Text

(a)A corporation that is:
(1)nonprofit; and
(2)participates in the small business incubator program under IC 5-28-21; is exempt from property taxation to the extent of tangible property used for small business incubation.
(b)A corporation that wishes to obtain an exemption from property taxation under this section must file an exemption application under IC 6-1.1-11.

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Legislative History

As added by P.L.178-2002, SEC.14. Amended by P.L.4-2005, SEC.35.

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Repealed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 § 6-1.1-10-42, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-10-42.