GroundRules
IC 8-1.5-2-31: Leased waterworks facilities; tax exemptions
Where this section sits in the code
- TITLE 8. UTILITIES AND TRANSPORTATION
- ARTICLE 1.5. MUNICIPAL UTILITIES
- Chapter 2. Transfer, Acquisition, and Improvement of Utilities by Municipalities
Sec. 31. All waterworks facilities leased by a lessor contracting with a municipality under this chapter are exempt from all state, county, and other taxes. However, the rental paid to a lessor under the terms of such a lease is subject to all applicable taxes.
Collected 2026-10-04T20:08:46Z. Source file · JSON