House Bill 1368
DIGEST
Property tax exemptions. Specifies that for purposes of the property tax exemption for property owned by or leased to state agencies, the term "state agency" also includes Ball State University, Indiana State University, Indiana University, Ivy Tech Community College, Purdue University, the University of Southern Indiana, and Vincennes University. Specifies that the exemption is also available for property leased to a state agency if the lease requires the state agency to pay the property taxes on the property. (Under current law, the exemption for property leased to a state agency applies if the lease requires the state agency to reimburse
Property tax exemptions. Specifies that for purposes of the property tax exemption for property owned by or leased to state agencies, the term "state agency" also includes Ball State University, Indiana State University, Indiana University, Ivy Tech Community College, Purdue University, the University of Southern Indiana, and Vincennes University. Specifies that the exemption is also available for property leased to a state agency if the lease requires the state agency to pay the property taxes on the property. (Under current law, the exemption for property leased to a state agency applies if the lease requires the state agency to reimburse
the owner for property taxes.)
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