Indiana Code
Chapter 8. Miscellaneous Fiscal and Administrative Provisions
36-1-8-14.3. Definitions; "Pilots"; Adoption of Ordinance; Calculation; Imposition; Deposit in Affordable Housing Fund; Due Date

Sec. 14.3. (a) PILOTS may be imposed under this section for an assessment date occurring after December 31, 2021.
(b) As used in this section, the following terms have the meanings set forth in IC 6-1.1-1:
(1) Assessed value.
(2) Exemption.
(3) Owner.
(4) Person.
(5) Property taxation.
(6) Real property.
(7) Township assessor.
(c) As used in this section, "PILOTS" means payments in lieu of taxes.
(d) As used in this section, "property owner" means the owner of real property described in IC 6-1.1-10-16.7.
(e) Subject to the approval of a property owner, the governing body of a political subdivision may adopt an ordinance to require the property owner to pay PILOTS at times set forth in the ordinance with respect to real property that is subject to an exemption under IC 6-1.1-10-16.7. The ordinance remains in full force and effect until repealed or modified by the governing body, subject to the approval of the property owner.
(f) The PILOTS must be calculated so that the PILOTS are in an amount that is:
(1) agreed upon by the property owner and the governing body of the political subdivision;
(2) a percentage of the property taxes that would have been levied by the governing body for the political subdivision upon the real property described in subsection (e) if the property were not subject to an exemption from property taxation; and
(3) not more than the amount of property taxes that would have been levied by the governing body for the political subdivision upon the real property described in subsection (e) if the property were not subject to an exemption from property taxation.
(g) PILOTS shall be imposed as are property taxes and shall be based on the assessed value of the real property described in subsection (e). Except as provided in subsection (k), the township assessor, or the county assessor if there is no township assessor for the township, shall assess the real property described in subsection (e) as though the property were not subject to an exemption.
(h) PILOTS collected under this section shall be deposited in the unit's affordable housing fund established under IC 5-20-5-15.5 and used for any purpose for which the affordable housing fund may be used.
(i) PILOTS shall be due as set forth in the ordinance and bear interest, if unpaid, as in the case of other taxes on property. PILOTS shall be treated in the same manner as taxes for purposes of all procedural and substantive provisions of law.
(j) This section does not apply to a county that contains a consolidated city or to a political subdivision of the county.
(k) If the duties of the township assessor have been transferred to the county assessor as described in IC 6-1.1-1-24, a reference to the township assessor in this section is considered to be a reference to the county assessor.
As added by P.L.74-2021, SEC.3.

Structure Indiana Code

Indiana Code

Title 36. Local Government

Article 1. General Provisions

Chapter 8. Miscellaneous Fiscal and Administrative Provisions

36-1-8-1. Application of Chapter

36-1-8-2. Cash Change Fund; Establishment; Use

36-1-8-3. Petty Cash Fund; Establishment; Use; Reimbursement

36-1-8-4. Transfer of Prescribed Amount to Fund in Need of Money for Cash Flow Purposes; Extension of Time for Transfer

36-1-8-5. Funds Raised by General or Special Tax Levy; Disposition of Unused Balance; Transfers to Local Rainy Day Fund

36-1-8-5.1. Rainy Day Funds Established by Political Subdivisions; Transfers by Schools

36-1-8-6. Reversion of Unused Appropriation; Funds Received From State or the United States

36-1-8-7. Bank Deposit or Cash on Hand Constituting Pledge or Guaranty

36-1-8-7.5. Transfer of Prescribed Amount to Regional Development Authority for Regional Transportation Infrastructure Project

36-1-8-8. Protection of Employees Reporting Violations of Federal, State, or Local Laws; Disciplinary Actions; Procedures

36-1-8-8.5. Establishing Fraud Hotline

36-1-8-9. Riverboat Fund Establishment; Administration and Investment of Funds

36-1-8-9.1. Legalization of Certain Funds Established Before July 1, 1997; Fund Considered Riverboat Fund for Purposes of Section 9 of This Chapter

36-1-8-9.2. Separate Fund for Deposit of County Slot Machine Wagering Fee Revenue

36-1-8-9.5. "Development Agreement"

36-1-8-10. Board; Political Affiliation of Board Appointees

36-1-8-10.5. Employee of Political Subdivision as Candidate for or Appointed to Office

36-1-8-11. Methods of Payments to Political Subdivisions or Utilities; Transaction and Other Fees

36-1-8-11.5. Payment of Claims; Electronic Funds Transfer

36-1-8-12. Special Fund for State Grant Money and Local Matching Money; Reversion of Unused Money

36-1-8-13. Referral of Dishonored Checks to Prosecuting Attorney

36-1-8-14. Three-Fourths Vote Rounded to Nearest Whole Number

36-1-8-14.3. Definitions; "Pilots"; Adoption of Ordinance; Calculation; Imposition; Deposit in Affordable Housing Fund; Due Date

36-1-8-15. Shortened Term of County Office Under Constitution; Benefits

36-1-8-16. Property Taxes Collected for Property Disposed by County Executive

36-1-8-17. Combination or Reorganization; Budgets, Rates, and Levies

36-1-8-17.5. Reporting of Information and Data on Retiree Benefits and Expenditures

36-1-8-17.7. Dissolution of a Political Subdivision That Was Established by Another Political Subdivision

36-1-8-18. Certain Tax Exempt Property; Limitation on Charges

36-1-8-19. Feasibility Study and Public Hearing Before Construction or Reconstruction of a County Jail or Submission of Final Plans and Specification to the Department of Correction; Exceptions