Indiana Code
Chapter 4. General Powers and Duties
5-1.2-4-22. Bonds; Exempt From State Taxes

Sec. 22. Bonds issued under this article and:
(1) proceeds received from their sale by a holder, to the extent of the holder's costs of acquisition;
(2) proceeds received on their redemption before maturity;
(3) proceeds received at their maturity; and
(4) interest received on them;
are exempt from state taxes as provided by IC 6-8-5.
As added by P.L.189-2018, SEC.25.

Structure Indiana Code

Indiana Code

Title 5. State and Local Administration

Article 1.2. Indiana Finance Authority

Chapter 4. General Powers and Duties

5-1.2-4-1. Powers of Indiana Finance Authority

5-1.2-4-2. Prohibited Activities

5-1.2-4-3. Issuance of Bonds or Notes; Failure to Pay Obligations

5-1.2-4-4. Additional Authority Powers; Capital Improvements; Northwest Indiana Regional Development Authority; Motorsports Investment District; Local Innovation Development District

5-1.2-4-5. Requirements; Establishment of Terms Governing Reserves or Funding Levels

5-1.2-4-6. Power to Borrow Money and Issue Bonds

5-1.2-4-7. Bonds; Liability of Authority; Pledges as Additional Security

5-1.2-4-8. Bonds; Liability of State

5-1.2-4-9. Bonds; Issuance; Procedure; Terms

5-1.2-4-10. Bonds; Authorized Provisions

5-1.2-4-11. Bonds; Issue to Renew or Pay Bonds; Refund

5-1.2-4-12. Pledges

5-1.2-4-13. Bonds; Purchase by Authority

5-1.2-4-14. Bonds; Trust Agreement or Indenture

5-1.2-4-15. Bonds; Negotiability

5-1.2-4-16. Bonds; Execution; Manual or Facsimile Signatures

5-1.2-4-17. Personal Liability for Acts Authorized by Affected Statutes

5-1.2-4-18. Funds and Accounts; Establishment

5-1.2-4-19. Money; Deposit; Security; Trust Funds

5-1.2-4-20. Money for the Payment of Bonds; Contracts; Security

5-1.2-4-21. Bonds; Pledge of State

5-1.2-4-22. Bonds; Exempt From State Taxes

5-1.2-4-23. Bonds; Legal Investments; Securities

5-1.2-4-24. Application of State Laws

5-1.2-4-25. Bonds; Exempt for Securities Registration

5-1.2-4-26. Bond Holders; Right to Specific Performance

5-1.2-4-27. Payment of Expenses and Power to Incur Indebtedness; Limitations; Authority Budget

5-1.2-4-28. Property; Tax Exemption

5-1.2-4-29. Annual Report

5-1.2-4-30. Participants May Invest Funds

5-1.2-4-31. Participants May Borrow Money From the Authority; Competitive Sale Requirements Inapplicable; Issue and Sell Notes; Terms

5-1.2-4-32. Liability

5-1.2-4-33. Financial Assistance Agreement; Default by the Participant

5-1.2-4-34. Violations; Material Misstatement in Application

5-1.2-4-35. Annual Report

5-1.2-4-36. State Debt Management Plan; Established by the Authority