Indiana HB1369 amends property tax laws, modifying exemptions for various types of property and entities, including nonprofit organizations.

Indiana HB1369 amends the Indiana Code to revise property tax exemptions. It specifies that tangible property owned by nonprofit organizations, such as those providing health, fitness, aquatics, and community center services, is exempt from property taxation. It also exempts certain educational properties, including those used for kindergarten through grade 12 educational purposes. The bill modifies exemptions for agricultural properties, including those used for county fairs and other agricultural activities.

Indiana HB1369 amends property tax laws, modifying exemptions for various types of property and entities, including nonprofit organizations.

Indiana HB1369 amends the Indiana Code to revise property tax exemptions. It specifies that tangible property owned by nonprofit organizations, such as those providing health, fitness, aquatics, and community center services, is exempt from property taxation. It also exempts certain educational properties, including those used for kindergarten through grade 12 educational purposes. The bill modifies exemptions for agricultural properties, including those used for county fairs and other agricultural activities.