Ind. Code ch. 36-7-14.2

in effect

Ind. Code § 36-7-14.2-1 "Property taxes"

Sec. 1. As used in this chapter, "property taxes" means: (1) property taxes, as described in: (A) IC 6-1.1-39-5(h); (B) IC 36-7-14-39(a); (C) IC 36-7-14-39.2; (D) IC 36-7-14-39.3(c); (E) IC 36-7-14.5-12.5; (F) IC 36-7-15.1-26(a); (G) IC 36-7-15.1-26.2(c); (H) IC 36-7-15.1-53(a); (I) IC 36-7-15.1-55(c); (J) IC 36-7-30-25(a)(3); (K) IC 36-7-30-26(c); (L) IC 36-7-30.5-30; or (M) IC 36-7-30.5-31; and (2) for allocation areas created under IC 8-22-3.5, the taxes assessed on taxable tangible property in the allocation area. As added by P.L.80-2014, SEC.11. Amended by P.L.157-2026, SEC.242.

Ind. Code § 36-7-14.2-2 Inclusion of certain exempted assessed value for purposes of tax rate calculation

Sec. 2. Notwithstanding any other law, for assessment dates for which an exemption under IC 6-1.1-3-7.2 applies in a county, a tax rate for property taxes described in section 1 of this chapter must be calculated by including in the base assessed value (for purposes of this section only) the amount of the assessed value that would otherwise have been included in the base assessed value if the exemption under IC 6-1.1-3-7.2 were not in effect for the assessment date. As added by P.L.80-2014, SEC.11.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/36Fetched: 10/17/2026