Ind. Code § 36-7.7-6-3

Current through P.L. 171-2024

Section 36-7.7-6-3 - Tax exemption

(a) All:

(1) property owned by a development authority; and

(2) revenue of a development authority;

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

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

IC 36-7.7-6-3

Added by P.L. 83-2020,SEC. 2, eff. 3/18/2020.