{"data":{"id":"us-in/ic-6-1.1-3-25","jurisdiction":"us-in","citation":"IC 6-1.1-3-25","heading":"Exemption from valuation limitations for property located in entrepreneur and enterprise district","body":"Sec. 25. (a) As used in this section, \"district\" refers to an entrepreneur and enterprise district designated under IC 5-28-15.5.\n(b) Notwithstanding section 22(b) of this chapter and IC 6-1.1-8-44(b), assessable depreciable personal property that:\n(1) is located in a district;\n(2) is placed in service in the district by the owner of the property after the designation of the district under IC 5-28-15.5; and\n(3) is used within the district by one (1) or more employees who perform the majority of their service within the district;\nis not subject to the valuation limitations in section 29 of this chapter or IC 6-1.1-8-45.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 3. Procedures for Personal Property Assessment"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-3-25","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"0f93903bcd2575c145a721bffb3cea05d11ae6a406366109d78c5f949b20c842","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-3-24","next":"us-in/ic-6-1.1-3-26"},"notice":"GroundRules: Original legal text. Not legal advice."}