Indiana Property Tax Legislation – 2020 Summary

Indiana Property Tax Legislation – 2020 Summary

The 2020 "short" (non-budget) session of the Indiana General Assembly concluded in March. Following is a summary of two acts addressing various property tax matters that passed.  The summary highlights assessment and exemption provisions in those bills.  It is not an exhaustive list.  Readers are encouraged to … [Read more...]

Summary of 2019 Property Tax Legislation Passed by the Indiana General Assembly

Summary of 2019 Property Tax Legislation Passed by the Indiana General Assembly

The Indiana General Assembly concluded its 2019 legislative session last week, and several bills that passed address Indiana property tax issues, both procedural and substantive.  Below is a high level summary of several noteworthy bills.  Each bill has passed both legislative chambers, but most have not yet been … [Read more...]

New Indiana Sales Tax Exemptions for Aircraft Repair Parts and Fuel Take Flight on July 1st

New Indiana Sales Tax Exemptions for Aircraft Repair Parts and Fuel Take Flight on July 1st

The Indiana General Assembly passed two exemptions in its recently concluded session that will advance the State's aviation industry.  The legislature passed a new exemption for aircraft repair parts.  The exemption, which is codified at Ind. Code 6-2.5-5-46, takes effect July 1, 2013, and provides: (a) … [Read more...]