{"data":{"id":"us-in/ic-6-1.1-10-2","jurisdiction":"us-in","citation":"IC 6-1.1-10-2","heading":"State property; property leased to a state agency","body":"Sec. 2. (a) Except as otherwise provided by law, the property owned by this state, a state agency, or the bureau of motor vehicles commission is exempt from property taxation.\n(b) Real property leased to a state agency is exempt from property taxes if the lease, regardless of the commencement date, requires the state agency to reimburse the owner for property taxes. If a state agency leases less than all of a parcel of real property, the exemption provided by this subsection is a partial exemption that is equal to the part of the gross assessed value of the real property attributable to the part of the real property leased by the state agency.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 10. Exemptions"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-10-2","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"c38c26b3543a9b8284a1c5fb26e8844e6c0659e8fd8252ba57d113d7126332f6","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-10-1","next":"us-in/ic-6-1.1-10-3"},"notice":"GroundRules: Original legal text. Not legal advice."}