{"data":{"id":"us-in/ic-6-1.1-12.5-4","jurisdiction":"us-in","citation":"IC 6-1.1-12.5-4","heading":"Ordinance designating infrastructure development zone","body":"Sec. 4. A county executive, a municipal legislative body, or, in Marion County, the county fiscal body, may adopt an ordinance designating a geographic territory as an infrastructure development zone after:\n(1) conducting a public hearing on the proposed ordinance;\n(2) publishing notice of the public hearing in the manner prescribed by IC 5-3-1; and\n(3) making the following findings:\n(A) Adequate eligible infrastructure is not available in the zone.\n(B) Providing a property tax exemption to a person for investing in eligible infrastructure in the zone will provide:\n(i) opportunities for increased natural gas usage, increased availability of broadband service, advanced services, and public water or wastewater service; and\n(ii) economic development benefits;\nin the zone.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 12.5. Infrastructure Development Zones"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-12.5-4","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"2a503513f7d3d9603d390b0b04968fe34630c433131ebed7457f0d1847da917c","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-12.5-3","next":"us-in/ic-6-1.1-12.5-5"},"notice":"GroundRules: Original legal text. Not legal advice."}