IC 36-9-11-10 — Tax liability and exemptions
Chapter 11. Municipal Parking Facilities
Bills citing this section
Section text
Sec. 10. (a) The property acquired by a municipality under this chapter, and the revenues derived from that property, are exempt from taxation for all purposes. (b) A leasehold improvement made by a lessee under this chapter for private or commercial purposes, or both, is subject to taxation.
As added by Acts 1981, P.L.309, SEC.84.
Source: official publisher (2026 edition)