Bill Title: State payments in lieu of property taxes. Requires the state to make payments in lieu of property taxes (PILOTs) for qualified parcels in counties in which at least 15% of all land in the county is: (1) in the aggregate, owned or leased by the state of Indiana or the federal government; and (2) subject to an exemption from property taxes. Defines "qualified parcel" as a parcel that is: (1) owned or leased by the state of Indiana; (2) subject to an exemption from property taxes; and (3) located in a county to which this act applies. Provides that a

Spectrum: Slight Partisan Bill (Republican 2-1)

Status: (Introduced - Dead) 2017-01-10 - First reading: referred to Committee on Ways and Means [HB1201 Detail]

Text: Latest bill text (Introduced) [PDF]

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