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Ind. Code § 12-29-2-19

County property of building if bond issued; nonapplication of tax limitations

Indiana · Indiana Code Title 12 — Human Services · Status: effective

Taxation
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Ind. Code § 12-29-2-19, County property of building if bond issued; nonapplication of tax limitations, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1630331
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Sec. 19. If bonds are issued under this chapter: (1) the building that is constructed, equipped, or improved with proceeds of the bonds is: (A) the property of the county issuing the bonds; or (B) the joint property of the counties involved if the bonds are issued by at least two (2) counties; and (2) the tax limitations in this chapter do not apply to the levy of taxes to pay the bonds and the interest on the bonds.