Sec. 34. The following are exempt from state taxation except for the financial institutions tax imposed under IC 6-5.5:
(1) Property owned by the authority.
(2) Revenues of the authority.
(3) Bonds or other securities and the interest on bonds and securities issued by the authority.
(4) Proceeds received by a holder from the sale of the bonds, to the extent of the holder's cost of acquisition.
(5) Proceeds received upon redemption at or before maturity and the interest on the proceeds.
[Pre-1993 Recodification Citation: 16-12-20-22.]
As added by P.L.2-1993, SEC.5. Amended by P.L.254-1997(ss), SEC.23; P.L.79-2017, SEC.65.
Structure Indiana Code
Chapter 6. County Hospital Building Authorities
16-22-6-2. Resolution for Creation of Authority; Name; Purpose
16-22-6-3. Appointment of Directors; Terms
16-22-6-5. Director's Oath of Office
16-22-6-6. Removal of Director From Office
16-22-6-7. Selection of Officers; Meetings; Quorum
16-22-6-8. Bylaws, Rules, and Regulations
16-22-6-9. Compensation and Reimbursement
16-22-6-10. Conflicts of Interest
16-22-6-11. Preliminary Expenses
16-22-6-12. Powers of Governing Board
16-22-6-14. Anticipatory Lease
16-22-6-15. Payment of Lease Rental; Sources
16-22-6-16. Payment of Lease Rentals From Hospital Net Revenues; Reserve Fund
16-22-6-17. Payment of Lease Rentals From a Cumulative Building Fund
16-22-6-18. Hearing on Terms of Proposed Lease; Notice
16-22-6-19. Authorization and Execution of Lease
16-22-6-20. Notice of Execution of Authorized Lease; Taxpayer Objections
16-22-6-21. Submission of Objections to Department of Local Government Finance
16-22-6-22. Hearing by Department of Local Government Finance; Notice
16-22-6-23. Time for Bringing Action to Contest or Enjoin Lease
16-22-6-24. Lease Options; Renewal or Purchase
16-22-6-25. Plans and Specifications; Approval
16-22-6-26. Sale of County Land or Building to Authority; Procedure
16-22-6-28. Agreements Between Contiguous Counties; Rights of County Citizens
16-22-6-29. Revenue Bonds; Authorization; Legal Investments; Sale
16-22-6-30. Application of Bond Proceeds
16-22-6-31. Security for Bonds; Trust Indenture
16-22-6-33. Hospital Revenues as Source of Lease Rental Payments
16-22-6-34. Exemption From State Taxation
16-22-6-35. Audit of Funds; Officer and Employee Bonds; Records
16-22-6-36. Liquidation of Authority
16-22-6-37. Building Additions; Funding