IC 36-9-30-31 — Lease with option to purchase facilities; tax exemption
Chapter 30. Solid Waste Collection and Disposal
Bills citing this section
Section text
Sec. 31. A solid waste disposal facility leased by a lessor corporation to a unit under this chapter is exempt from all state, county, and other taxes, including all sales and use taxes applicable to tangible personal property incorporated or to be incorporated in the facility. However, the rental paid to a lessor corporation under the terms of such a lease is subject to all applicable taxes.
As added by Acts 1981, P.L.309, SEC.106.
Source: official publisher (2026 edition)