§ 6-1.1-10-46 — Property tax exemption; for profit early childhood education provider

Note: This version of section effective until 1-1-2026. See also
following version of this section, effective 1-1-2026.
Sec. 46. (a) Tangible property owned, occupied, or
used by a for-profit provider of early childhood education services to
children who are at least four (4) but less than six (6) years of age is
exempt from property taxation under section 16 of this chapter only if
all the following requirements are satisfied:
(1) The primary purpose of the provider is educational.
(2) The provider is the property owner and the provider also
predominantly occupies and uses the tangible property for
providing early childhood education services to children who are
at least four (4) but less than six (6) years of age.
(3) The provider meets the standards of quality recognized by a
Level 3 or Level 4 Paths to QUALITY program rating under IC 12-17.2-2-14.2 or has a comparable rating from a nationally
recognized accrediting body.
If the property owner provides early childhood education services to
children who are at least four (4) but less than six (6) years of age and
to children younger than four (4) years of age, the amount of the
exemption must be on that part of the assessment of the property that
bears the same proportion to the total assessment of the property as the
percentage of the property owner's enrollment count of children who
are at least four (4) but less than six (6) years of age compared to the
property owner's total enrollment count of children of all ages.
(b) For purposes of this section, the annual assessment date or, if the
annual assessment date is not a business day for the property owner, the
business day closest to the annual assessment date, must be used for the
enrollment count under this section. However, a property owner that
believes that the enrollment count on this date for a particular year does
not accurately represent the property owner's normal enrollment count
for that year may appeal to the county assessor for a change in the date
to be used under this section for that year. The appeal must be filed on
or before the deadline for filing an exemption under section 16 of this
chapter. If the county assessor finds that the property owner's appeal
substantiates that the property owner's normal enrollment count is not
accurately represented by using the required date, the assessor shall
establish an alternate date to be used for that year that represents the
property owner's normal enrollment count for that year.

Legislative History

As added by P.L.151-2014, SEC.3. Amended by P.L.130-2018, SEC.22.