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Ind. Code § 36-7-12-34

Payments received by units; exemption from tax

As added by Acts 1981, P.L.309, SEC.31.

Sec. 34. Payments received by units under financing agreements authorized by this chapter are exempt from all taxation.

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