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IN HB1414

Bill

Official Source

Status

Introduced

1/16/2018

Primary Sponsor

Philip GiaQuinta

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Repeals IC 6-1.1-10-23, which previously exempted tangible property owned by fraternal beneficiary associations from property taxation
  • Previously allowed exemption for tangible property owned by associations incorporated, organized, or licensed under Indiana law
  • Previously limited real property exemption to property actually occupied and exclusively used by the association for its stated purpose
  • Effective date: January 1, 2019
  • Introduced January 16, 2018, and referred to the Committee on Ways and Means

Legislative Description

Property tax exemptions. Repeals the property tax exemption for property owned by a fraternal beneficiary association.

Last Action

First reading: referred to Committee on Ways and Means

1/16/2018

Committee Referrals

Ways and Means1/16/2018

Full Bill Text

No bill text available