Indiana Statutes
§ 6-1.1-42-23 — Limitation of property eligible for deductions
Indiana § 6-1.1-42-23
This text of Indiana § 6-1.1-42-23 (Limitation of property eligible for deductions) 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 § 6-1.1-42-23 (2026).
Text
With respect to property in a particular brownfield revitalization zone, the designating body may do the following:
(1)Limit the type of property that is eligible for a deduction
within a brownfield revitalization zone to personal property or
real property.
(2)Limit the dollar amount of the individual or aggregate
deductions that will be allowed with respect to personal property.
(3)Limit the dollar amount of the deduction that will be allowed
with respect to real property.
(4)Impose reasonable conditions for allowing a deduction for
tangible property under this chapter. The conditions must have a
reasonable relationship to the development objectives of the area
in which the designating body has jurisdiction.
To exercise one (1) or more of these powers a designating body must
include t
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Legislative History
As added by P.L.59-1997, SEC.1. Amended by P.L.119-1999,
SEC.6.
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"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 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"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 6-1.1-42-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-42-23.