{"data":{"id":"us-in/ic-8-15-3-23","jurisdiction":"us-in","citation":"IC 8-15-3-23","heading":"Exercise of power; exemption from taxation or assessments","body":"Sec. 23. (a) The exercise of the powers granted by this chapter to the department or the authority must be in all respects for:\n(1) the benefit of the people of Indiana;\n(2) the increase of the commerce and prosperity of Indiana; and\n(3) the improvement of the health and living conditions of the people of Indiana.\n(b) Since the operation and maintenance of a tollway by the department or the authority constitutes the performance of essential governmental functions, neither the department nor the authority is required to pay any taxes or assessments upon a tollway or any property acquired or used by the department under this chapter or IC 8-15.7 or upon the income from a tollway.\n(c) The operator under a public-private agreement is not required to pay taxes or assessments upon a tollway, any property or property interest acquired by the operator under a public-private agreement, or any possessory interest in the tollway or in property granted or created by the public-private agreement under this chapter or IC 8-15.7.\n(d) An operator or any other person purchasing tangible personal property for incorporation into or improvement of a structure or facility constituting or becoming part of the land included in:\n(1) a tollway; or\n(2) property granted or created by the public-private agreement;\nis entitled to the exemption from gross retail tax and use tax provided under IC 6-2.5-4-9(c) and IC 6-2.5-3-2(c), respectively, with respect to that tangible personal property.","path":["TITLE 8. UTILITIES AND TRANSPORTATION","ARTICLE 15. TOLL ROADS","Chapter 3. Tollways"],"source_url":"https://iga.in.gov/ic/2026/Title_8.html#8-15-3-23","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-04T20:08:46Z","sha256":"8552d26fba13e95fdbafcaee1d34ec49154c27a5fc0526a8794f4cd4950d2d04","source_id":"us-in","stale":false,"prev":"us-in/ic-8-15-3-22","next":"us-in/ic-8-15-3-24"},"notice":"GroundRules: Original legal text. Not legal advice."}