§ 6-1.1-10-9 — Industrial waste control facilities

Indiana § 6-1.1-10-9

• Jurisdiction: Indiana
• Art. 1.1: PROPERTY TAXES
• Ch. 10: Exemptions

Text

(a) For purposes of this section, "industrial
waste control facility" means personal property which is:
(1) included either as a part of or an adjunct to a privately owned
manufacturing or industrial plant or coal mining operation; and
(2) used predominantly to:
(A) prevent, control, reduce, or eliminate pollution of a stream
or a public body of water located within or adjoining this state
by treating, pretreating, stabilizing, isolating, collecting,
holding, controlling, or disposing of waste or contaminants
generated by the plant; or
(B) meet state or federal reclamation standards for a coal
mining operation.
The term includes personal property that is under construction or in the
process of installation and that will be used for the purposes described
in this subsection when placed in service. The term also includes spare
parts held exclusively for installation in or as part of personal property
that qualifies for the exemption under this section.
(b) An industrial waste control facility is exempt from property
taxation if it is not used in the production of property for sale.
[Pre-1975 Property Tax Recodification Citations: 6-1-8-1;
6-1-8-2.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by Acts 1977,
P.L.2, SEC.16; P.L.79-1987, SEC.1; P.L.41-1993, SEC.8.