If the InTRAC meets the requirements of sections 18 and 21 of this chapter, the InTRAC:

1. (1) for purposes of all taxes imposed by the state or any county or municipality in Indiana is an organization that is organized and operated exclusively for charitable purposes; and
2. (2) qualifies for all exemptions applicable to those organizations, including but not limited to those exemptions set forth in IC 6-2.5-5-25 (a)(1)(B) and IC 6-1.1-10-16 .

As added by P.L.75-1991, SEC.1. Amended by P.L.192-2002(ss), SEC.144; P.L.118-2024, SEC.28.