IN HB1173 | 2021 | Regular Session

Indiana House Bill 1173 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 7 2021 - 25% progression, died in committee
Action: 2021-01-07 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Tax exemption for landlord of a nonprofit renter. Provides that to qualify for a tax exemption, an owner of a building may establish a charitable purpose by leasing all or part of the building at a rate substantially below market cost to a person using the building for an educational, literary, scientific, religious, or charitable purpose.

Title

Tax exemption for landlord of a nonprofit renter.

History

Date	Chamber	Action
2021-01-07	House	First reading: referred to Committee on Ways and Means
2021-01-07	House	Authored by Representative Klinker

Indiana State Sources

Type	Source
Summary	https://iga.in.gov/legislative/2021/bills/house/1173/details
Text	http://iga.in.gov/static-documents/2/5/1/a/251ab6d0/HB1173.01.INTR.pdf
Supplement	http://iga.in.gov/static-documents/e/7/5/9/e759d692/HB1173.01.INTR.FN001.pdf