Title 6, TAXATION

Sec. 46. Tangible property owned, occupied, or used by a for-profit provider of early childhood education services to children who are less than six (6) years of age is exempt from property taxation under section 16 of this chapter only if all the following requirements are satis…

Sec. 47. (a) This section applies to an assessment date occurring after December 31, 2017. (b) Tangible property owned by a nonprofit corporation is exempt from property taxation if the following apply: (1) The owner is an organization exempt from taxation under Section 501(c)(3)…

Sec. 48. (a) This section applies to assessment dates occurring after December 31, 2016. (b) Tangible property is exempt from property taxation if: (1) it is owned by an Indiana nonprofit public benefit corporation exempt from taxation under Section 501(c)(3) of the Internal Reve…

Sec. 49. (a) This section applies to assessment dates occurring after December 31, 2022. (b) Tangible property (including without limitation, land, personal property, real property, and improvements to land) is exempt from property taxation if the property is used as a part of or…

Sec. 5. (a) Property is exempt from property taxation if it is owned by a city or town and is used to provide a municipal service. (b) For purposes of this section, property used to provide a municipal service includes: (1) a public school or library; (2) a municipally owned park…

Sec. 5.5. Real property that is held under IC 36-7-17 or IC 36-7-17.1 and that is conveyed by contract with retention of the deed by the city is deemed to be the property of the city held for municipal purposes and is exempt from property taxation. Formerly: Acts 1975, P.L.195, S…

Sec. 50. Property designated as exempt under IC 36-7-32.5-15(b) by an executive or the Indiana economic development corporation is exempt from property taxation. As added by P.L.135-2022, SEC.4.

Sec. 51. (a) As used in this section, "child care" has the meaning set forth in IC 12-7-2.1-54. (b) As used in this section, "early learning advisory committee" refers to the early learning advisory committee established by IC 12-17.2-3.8-5. (c) As used in this section, "employer…

Sec. 54. (a) As used in this section, "designating body" means the fiscal body of: (1) a county that does not contain a consolidated city; or (2) a municipality. (b) As used in this section, "eligible business" means an entity that meets the following requirements: (1) The entity…

Sec. 6. (a) Property which is owned by a domestic corporation of this state is exempt from property taxation if: (1) the corporation owns a water system or waterworks; (2) the corporation is, pursuant to a contract, supplying its entire output of water at wholesale rates to a cit…

Sec. 7. Property is exempt from property taxation if it is owned by a non-profit corporation which is engaged in the sale and distribution of water. However, this exemption only applies if the corporation is operated on a not-for-profit basis. [Pre-1975 Property Tax Recodificatio…

Sec. 8. Property is exempt from property taxation if it is owned by a non-profit corporation which is engaged in a sewage disposal service within a rural area of this state. However, this exemption only applies if the corporation is operated on a not-for-profit basis. [Pre-1975 P…

Sec. 9. (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) preve…

Sec. 1. (a) The department shall account for all state gross retail and use taxes that it collects. (b) Of all the state gross retail and use taxes that the department collects, the department shall determine separately the parts that: (1) the department collects under IC 6-2.5-3…

Sec. 5. (a) As used in this section, "NAICS code" refers to the code used to classify a particular industry in the current edition of the North American Industry Classification System Manual - United States, published by the National Technical Information Service of the United St…

Sec. 1. As used in this chapter, "enterprise zone" means an enterprise zone created under IC 5-28-15. As added by P.L.9-1986, SEC.8. Amended by P.L.4-2005, SEC.56.

Sec. 1.7. As used in this chapter, "pass through entity" means: (1) a corporation that is exempt from the adjusted gross income tax under IC 6-3-2-2.8(2); (2) a partnership; (3) a limited liability company; or (4) a limited liability partnership. As added by P.L.57-1996, SEC.1.…

Sec. 10. (a) Notwithstanding any other law and except as provided in subsection (b), a taxpayer is entitled to receive a credit under this chapter only for a qualified investment made before January 1, 2018. (b) A taxpayer is entitled to receive a credit for a qualified investmen…

Sec. 2. As used in this chapter, "qualified investment" means the purchase of an ownership interest in a business located in an enterprise zone if the purchase is approved by the Indiana economic development corporation under section 8 of this chapter. As added by P.L.9-1986, SEC…

Sec. 2.5. As used in this chapter, "SIC Manual" refers to the current edition of the Standard Industrial Classification Manual of the United States Office of Management and Budget. As added by P.L.379-1987(ss), SEC.9. Amended by P.L.24-1995, SEC.23.

Sec. 3. As used in this chapter, "state tax liability" means a taxpayer's total tax liability that is incurred under IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax), as computed after the application of the credits that, under IC 6-3.1-1-2, are to be applied before the …

Sec. 4. (a) As used in this chapter, "taxpayer" means any individual that has any state tax liability. (b) Notwithstanding subsection (a), for a credit for a qualified investment in a business located in an enterprise zone in a county having a population of more than one hundred …

Sec. 5. As used in this chapter, "transfer ownership" means to purchase existing investment in a business, including real property, improvements to real property, or equipment. As added by P.L.9-1986, SEC.8.

Sec. 6. (a) A taxpayer is entitled to a credit against the taxpayer's state tax liability for a taxable year if the taxpayer makes a qualified investment in that taxable year. (b) The amount of the credit to which a taxpayer is entitled is the percentage determined under section …

Sec. 6.5. (a) If a pass through entity is entitled to a credit under section 6 of this chapter but does not have state tax liability against which the tax credit may be applied, an individual who is a shareholder, partner, or member of the pass through entity is entitled to a tax…

Sec. 7. (a) If the amount determined under section 6(b) of this chapter for a taxpayer in a taxable year exceeds the taxpayer's state tax liability for that taxable year, the taxpayer may carry the excess over to the following taxable years. The amount of the credit carryover fro…

Sec. 8. (a) To be entitled to a credit, a taxpayer must request the Indiana economic development corporation to determine: (1) whether a purchase of an ownership interest in a business located in an enterprise zone is a qualified investment; and (2) the percentage credit to be al…

Sec. 9. To receive the credit provided by this chapter, a taxpayer must claim the credit on the taxpayer's annual state tax return or returns in the manner prescribed by the department of state revenue. The taxpayer shall submit to the department of state revenue the certificatio…

Sec. 0.5. (a) This section applies to an ordinance adopted under this chapter and in effect on January 1, 2020. (b) An adopting municipality is not required to amend an ordinance subject to this section as a result of amendments to this chapter concerning vehicle type or weight c…

Sec. 1. The following definitions apply throughout this chapter: (1) "Adopting municipality" means an eligible municipality that has adopted the surtax. (2) "Eligible municipality" means a municipality having a population of at least five thousand (5,000). (3) "Fiscal body" has t…

Sec. 10. (a) The fiscal officer of an adopting municipality shall deposit the surtax revenues in a fund to be known as the "municipal surtax fund". (b) An adopting municipality may use the surtax revenues that the adopting municipality receives under this section: (1) to construc…

Sec. 11. On or before October 1 of each year, the fiscal officer of an adopting municipality shall provide the fiscal body of the adopting municipality with an estimate of the surtax revenues to be received by the adopting municipality during the next calendar year. The adopting …

Sec. 12. The following, as applicable, may impose a service charge of fifteen cents ($0.15) for each surtax collected under this chapter: (1) The department. (2) The bureau of motor vehicles under IC 9-14-8-3. As added by P.L.146-2016, SEC.11. Amended by P.L.256-2017, SEC.13.…

Sec. 13. (a) The owner of a vehicle who knowingly registers the vehicle without paying the surtax imposed under this chapter with respect to that registration commits a Class B misdemeanor. (b) An employee of the bureau of motor vehicles who recklessly issues a registration on an…

Sec. 2. (a) The fiscal body of an eligible municipality may, subject to subsections (c) and (d), adopt an ordinance to impose a municipal vehicle excise tax on each vehicle that is subject to the vehicle excise tax under IC 6-6-5 and that is registered in the eligible municipalit…

Sec. 3. If the fiscal body of an eligible municipality adopts an ordinance imposing the surtax after December 31 but on or before September 1 of the following year, a vehicle is subject to the tax if the vehicle is registered in the adopting municipality after December 31 of the …

Sec. 4. (a) After January 1 but before September 1 of any year, the fiscal body of an adopting municipality may, subject to the limitations imposed by subsection (b), adopt an ordinance to rescind the surtax. If a fiscal body adopts an ordinance to rescind the surtax, the surtax …

Sec. 5. The fiscal body of an adopting municipality may adopt an ordinance to increase or decrease the surtax amount. The new surtax amount must be within the range of amounts prescribed by section 2 of this chapter. A new amount that is established by an ordinance that is adopte…

Sec. 6. (a) If the fiscal body of an eligible municipality adopts an ordinance to impose, rescind, or change the amount of the surtax, the fiscal body shall send a copy of the ordinance and a copy of a letter from the Indiana department of transportation approving the eligible mu…

Sec. 7. Except for a person described under section 8.5 of this chapter (before its expiration on December 31, 2023), a person may not register a vehicle in an adopting municipality unless the person pays the surtax due, if any, to the bureau of motor vehicles. The amount of the …

Sec. 8. (a) If a vehicle has been acquired or brought into Indiana, or for any other reason becomes subject to registration after the regular annual registration date in the year on or before which the owner of the vehicle is required under the motor vehicle registration laws of …

Sec. 9. Not more than twenty-one (21) days after collecting the surtax, the bureau of motor vehicles shall remit the surtax to the fiscal officer of the adopting municipality that imposed the surtax. Concurrently with the remittance, the bureau of motor vehicles shall file a surt…

Sec. 1. This chapter is not an exhaustive list of the purposes for which revenue raised under IC 6-3.6-6 may be expended. As added by P.L.243-2015, SEC.10.

Note: This version of section effective until 1-1-2029. See also following version of this section, effective 1-1-2029. Sec. 2. A county, city, or town may use revenue allocated for economic development purposes under IC 6-3.6-6-9 for any combination of the following purposes: (1…

Note: This version of section effective until 1-1-2029. See also following version of this section, effective 1-1-2029. Sec. 3. (a) The fiscal body of a county, city, or town may issue bonds payable from revenue under IC 6-3.6-6. The bonds must be for economic development project…

Sec. 4. (a) A county, city, or town may enter into a lease with a leasing body (as defined in IC 5-1-1-1) of any property that could be financed with the proceeds of bonds issued under this chapter with a lessor for a term not to exceed fifty (50) years, and the lease may provide…