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Senate Bill 0120


Senate Bill 0120

ARCHIVE (2000)

Latest Information

 

DIGEST OF INTRODUCED BILL


Heritage trust tax replacement program. Requires the Indiana heritage trust fund or a private entity managing a project, if any, to make payments in lieu of property taxes (beginning with property taxes first due and payable after December 31, 2000) on all land that: (1) is purchased with money from the fund; (2) consists of at least 500 acres; and (3) is removed from the tax rolls when purchased by the fund.
    Current Status:
     In Committee - first House
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