Sec. 13. All property of the IFA, the NWIRDA, or the NICTD constituting a rail project is public property devoted to an essential public and governmental function and purpose and is exempt from all taxes and special assessments of the state or any political subdivision.
As added by P.L.189-2018, SEC.26.
Structure Indiana Code
Title 5. State and Local Administration
5-1.3-3-1. Contracting; Authorization
5-1.3-3-2. Financing; Authorization
5-1.3-3-3. Cooperative Efforts; Authorization
5-1.3-3-4. Authorized Payment; Sources of Money
5-1.3-3-5. Property Transactions; General Authorization
5-1.3-3-6. Property Transactions Involving a Rail Project; Authorization
5-1.3-3-7. Contracting; Authorization
5-1.3-3-8. Grants; Authorization
5-1.3-3-9. Gifts; Authorization
5-1.3-3-10. Transfers of Rail Projects; Authorization
5-1.3-3-11. Eminent Domain; Authorization
5-1.3-3-12. Lease or Transfer of Property Without Competitive Bidding; Authorization
5-1.3-3-13. Exemption From Taxation
5-1.3-3-14. Exemption From Public Purchasing and Public Works Statutes