Indiana Statutes

§ 6-1.1-21.3-1 — "Board", "qualified taxing unit", and "qualifying taxpayer"

Indiana § 6-1.1-21.3-1
JurisdictionIndiana
Art. 1.1PROPERTY TAXES
Ch. 21.3Rainy Day Fund Loans for Taxing Units Affected by

This text of Indiana § 6-1.1-21.3-1 ("Board", "qualified taxing unit", and "qualifying taxpayer") 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 § 6-1.1-21.3-1 (2026).

Text

(a)As used in this chapter, "board" refers to the state board of finance.
(b)As used in this chapter, "qualified taxing unit" means a taxing unit:
(1)in which a qualifying taxpayer has tangible property subject to taxation; and
(2)that has experienced or is expected to experience a significant revenue shortfall as a result of a default or an expected default described in subsection (c)(3).
(c)As used in this chapter, "qualifying taxpayer" means a taxpayer that:
(1)casts and manufactures motor vehicle transmissions as part of its business;
(2)has filed a petition to reorganize under the federal bankruptcy code; and
(3)has defaulted, or has notified the county fiscal body of the county in which the taxpayer is subject to property taxes that the taxpayer will default, on all or part o

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Legislative History

As added by P.L.182-2009(ss), SEC.156.

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Repealed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 § 6-1.1-21.3-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-21.3-1.