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Ind. Code § 36-10-16-35

Tax exempt; exception

As added by P.L.141-2025, SEC.1.

Sec. 35. (a) All:

(1) property owned by the commission or lease interest of the commission; and

(2) revenue of the commission;

are exempt from taxation in Indiana for all purposes except the financial institutions tax imposed under IC 6-5.5.

(b) A contractor may issue an exemption certificate under IC 6-2.5-8-8 to a vendor when purchasing tangible personal property to be incorporated into real property on land owned or leased by the commission located in the district.

(c) All securities issued under this chapter are exempt from the registration requirements of IC 23-19 and other securities registration statutes.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.