§ 8-22-3.5-1.5 — Allocation area limitation

Indiana § 8-22-3.5-1.5

• Jurisdiction: Indiana
• Art. 22: AIRPORTS
• Ch. 3.5: Airport Development Zones

Text

5. (a) This section does not apply to a parcel
that is included in more than one (1) allocation area established by:
(1) an ordinance adopted under section 5 of this chapter and
confirmed under section 6 of this chapter;
(2) a resolution adopted under IC 6-1.1-39-2 and confirmed under
IC 6-1.1-39-3;
(3) a resolution establishing an allocation provision under IC 36-7-14-39 that is adopted and approved under IC 36-7-14-15, IC 36-7-14-16, and IC 36-7-14-17;
(4) a resolution establishing an allocation provision under IC 36-7-15.1-26 that is adopted and approved under IC 36-7-15.1-8,
IC 36-7-15.1-9, and IC 36-7-15.1-10;
(5) a resolution establishing an allocation provision under IC 36-7-30-25 that is adopted and approved under IC 36-7-30-10, IC 36-7-30-11, and IC 36-7-30-12;
(6) a resolution establishing an allocation provision under IC 36-7-30.5-30 that is adopted and approved under IC 36-7-30.5-16,
IC 36-7-30.5-17, and IC 36-7-30.5-18; or
(7) a resolution designating a certified technology park as an
allocation area that is approved and adopted under IC 36-7-32-15;
on or before May 1, 2021. In addition, a new allocation area may not
be established under this chapter that includes a parcel that is located
in an allocation area described in this subsection.
(b) Except as provided in subsection (a), but notwithstanding any
other provision, for the purpose of the allocation of property taxes
under this chapter, a parcel may not be included in more than one (1)
allocation area established under this chapter or under:
(1) IC 6-1.1-39;
(2) IC 36-7-14;
(3) IC 36-7-15.1;
(4) IC 36-7-30;
(5) IC 36-7-30.5;
(6) IC 36-7-32; or
(7) IC 36-7-32.5.

Legislative History

As added by P.L.38-2021, SEC.54. Amended by P.L.135-2022, SEC.21.