Sec. 23. All:
(1) property owned by the authority;
(2) revenues of the authority; and
(3) bonds issued by the authority, the interest on the bonds, the proceeds received by a holder from the sale of bonds to the extent of the holder's cost of acquisition, proceeds received upon redemption before maturity, proceeds received at maturity, and the receipt of interest in proceeds;
are exempt from taxation in Indiana for all purposes except the financial institutions tax imposed under IC 6-5.5.
As added by P.L.214-2005, SEC.6. Amended by P.L.79-2017, SEC.7.
Structure Indiana Code
Title 5. State and Local Administration
Article 1. Bonds and Other Obligations
Chapter 17. Indiana Stadium and Convention Building Authority
5-1-17-0.3. General Assembly Findings
5-1-17-4. "Capital Improvement Board"
5-1-17-8. Meetings; Officers; Quorum
5-1-17-9. Bylaws; Rules; Code of Ethics
5-1-17-9.5. Personal Liability of Members or Employees
5-1-17-12. Bonds; Refunding; Leases; Property
5-1-17-13. Lease; Findings; Term; Conditions
5-1-17-15. Capital Improvement Plans and Specifications; Approval
5-1-17-16. Agreements; Common Wall; Easements; Licenses
5-1-17-17. Capital Improvement; Land; Sale; Lease
5-1-17-18.3. Prohibition on Certain Contract Limitations for a Project
5-1-17-18.5. Negotiating With a Single Bidder for a Project
5-1-17-19. Bonds; Complete Authority
5-1-17-20. Bonds; Legal Investments
5-1-17-22. Bond Issue for Leased Property Purchase
5-1-17-24. Bonds; Contesting Validity
5-1-17-25. Bonds; Maximum Amount; Conditions
5-1-17-26. Leases Between Authority and State Agency
5-1-17-27. Real Property Conveyance Without Bid or Advertisement
5-1-17-28. Lease Payments From Taxes; Budget Director Designee