§ 6-1.1-12.9-5 — City of Winchester; legalization of designating body's actions taken before May 31, 1992, in designating an economic revitalization area

Indiana § 6-1.1-12.9-5

• Jurisdiction: Indiana
• Art. 1.1: PROPERTY TAXES
• Ch. 12.9: Legalization of Certain Actions Taken Under IC

Text

(a) This section applies to the city of
Winchester.
(b) The definitions in IC 6-1.1-12.1-1 (as in effect before December
31, 1992) apply throughout this section.
(c) Notwithstanding any other law, a designating body's actions
taken before May 31, 1992, in designating an economic revitalization
area are legalized and validated.
(d) The installation of new manufacturing equipment after March 1,
1991, is eligible for the deduction provided under IC 6-1.1-12.1 (as in
effect before December 31, 1992) for property taxes first due and
payable after December 31, 1992, as granted by resolution adopted by
the designating body for the economic revitalization area.

Legislative History

As added by P.L.220-2011, SEC.122. Amended by P.L.119-2012, SEC.24.