Indiana Code
Chapter 10. Leasing and Lease-Purchasing Structures
36-1-10-14. Disagreement With Execution of Lease; Petition; Hearing; Decision

Sec. 14. (a) As used in this section, "threshold amount" has the meaning set forth in section 7 of this chapter.
(b) This section does not apply if the total annual cost of the lease is less than the threshold amount.
(c) If lease rentals are payable, in whole or in part, from property taxes, ten (10) or more taxpayers in the political subdivision who disagree with the execution of a lease under this chapter may file a petition in the office of the county auditor of the county in which the leasing agent is located, within thirty (30) days after publication of notice of the execution of the lease. The petition must state the taxpayer's objections and the reasons why the lease is unnecessary or unwise.
(d) The county auditor shall immediately certify a copy of the petition, together with other data necessary to present the questions involved, to the department of local government finance. Upon receipt of the certified petition and other data, the department of local government finance shall fix a time for the hearing of the matter. The hearing shall be held not less than five (5) nor more than thirty (30) days after the receipt of the certified documents.
(e) The hearing may be held in the county where the petition arose or through electronic means.
(f) Notice of the hearing shall be given by the department of local government finance to the leasing agent and to the first ten (10) taxpayer petitioners listed on the petition by a letter signed by the commissioner or deputy commissioner of the department. The letter shall be sent to the first ten (10) taxpayer petitioners at their usual place of residence at least five (5) days before the date of the hearing. The decision by the department of local government finance on the objections presented in the petition is final.
[Pre-Local Government Recodification Citation: 18-5-3.3-7 part.]
As added by Acts 1981, P.L.57, SEC.36. Amended by P.L.37-1988, SEC.17; P.L.90-2002, SEC.463; P.L.257-2019, SEC.97; P.L.38-2021, SEC.80.

Structure Indiana Code

Indiana Code

Title 36. Local Government

Article 1. General Provisions

Chapter 10. Leasing and Lease-Purchasing Structures

36-1-10-1. Application of Chapter

36-1-10-2. Definitions

36-1-10-3. Persons Entitled to Lease Property to Political Subdivision or Agency

36-1-10-4. Repealed

36-1-10-4.1. Leasing Agents; Compliance With Chapter; Procedure in Lease Without Option to Purchase

36-1-10-5. Leases Without Option to Purchase; Procedure

36-1-10-6. Limitation on Term of Lease

36-1-10-7. Lease of a Structure, Transportation System, or System by a Political Subdivision Other Than a School Corporation

36-1-10-7.5. Lease of a Structure, Transportation System, or System by a School Corporation

36-1-10-8. Joint Leasing

36-1-10-9. Leases; Terms and Conditions; Options to Renew or Purchase; Exercise of Option to Purchase

36-1-10-10. Plans, Specifications, and Estimates for Structures, Systems, and Transportation Projects

36-1-10-11. Property Held in Fee Simple; Sale Procedure

36-1-10-12. Lease in Anticipation of Acquisition or Construction of Structure, System, or Transportation Project

36-1-10-13. Hearing; Procedure; Execution of Lease

36-1-10-14. Disagreement With Execution of Lease; Petition; Hearing; Decision

36-1-10-15. Actions to Contest Validity of Lease or to Enjoin Performance Under Lease

36-1-10-16. Conveyance of Structure to Lessor and Lease Back; Purchase Price; Option to Purchase

36-1-10-17. Annual Appropriation and Tax Levy

36-1-10-18. Tax Exemption of Leased Structures, Systems, and Transportation Projects; Taxation of Rental Paid Lessor

36-1-10-19. Assignment or Conveyance of Lease; Conveyance of Structure, System, or Transportation Project

36-1-10-20. Repealed

36-1-10-20.1. Repealed

36-1-10-21. Not-for-Profit Corporations; Issuance and Sale of Bonds and Other Securities

36-1-10-22. Certain Leases Legalized and Validated