Bill Text: IN HB1230 | 2016 | Regular Session | Introduced


Bill Title: State payments in lieu of property taxes. Requires the state to make payments in lieu of property taxes (PILOT) for qualified parcels in counties in which at least 15% of all land in the county is: (1) owned or leased by a combination of both the state of Indiana and 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

Spectrum: Partisan Bill (Republican 4-0)

Status: (Introduced - Dead) 2016-01-11 - First reading: referred to Committee on Ways and Means [HB1230 Detail]

Download: Indiana-2016-HB1230-Introduced.pdf
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