IN SCR0046

Urges the legislative council to assign state payments in lieu of property taxes (PILOTs) as a study topic to the appropriate study committee

Applies only to counties where at least 15% of all land is owned or leased by the State of Indiana or Federal Government and exempt from property taxes

Defines a "qualified parcel" as land owned or leased by the State of Indiana, subject to property tax exemption, and situated in a county meeting the 15% threshold

Addresses budgetary pressures facing local governments by requesting study of ways to assist counties heavily impacted by state and federal tax-exempt property