IC 36-7-14-37 — Redevelopment districts and departments; tax exemptions
Chapter 14. Redevelopment of Areas Needing Redevelopment Generally; Redevelopment Commissions
Bills citing this section
Section text
Sec. 37. (a) Real property acquired by the redevelopment district is exempt from taxation while owned by the district. (b) All receipts of the department of redevelopment, including receipts from the sale of real property, personal property, and materials disposed of, are exempt from all taxes. (c) All other property of the department of redevelopment is exempt from taxation.
As added by Acts 1981, P.L.309, SEC.33. Amended by P.L.192-2002(ss), SEC.176.
Source: official publisher (2026 edition)