Ind. Code § 16-22-7-39
Exemptions from state taxation
As added by P.L.2-1993, SEC.5. Amended by P.L.79-2017, SEC.66.
The following are exempt from state taxation except the financial institutions tax:
- (1) All property owned by the authority.
- (2) All revenues of the authority.
(3) All bonds or other securities issued by the authority and the interest on the bonds or other securities, the proceeds received by a holder from the sale of bonds to the extent of the holder's cost of acquisition, proceeds received upon redemption at or before maturity and the interest on the proceeds.
[Pre-1993 Recodification Citation: 16-12-20.5-24.]
As added by P.L.2-1993, SEC.5. Amended by P.L.79-2017, SEC.66.