Sec. 13. (a) The fixed property of a sleeping car company consists of real property.

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Terms Used In Indiana Code 6-1.1-8-13

  • property: includes both tangible and intangible property. See Indiana Code 6-1.1-8-2
  • sleeping car company: means a company (other than a railroad company) which owns or operates cars for the transportation of passengers on railroads. See Indiana Code 6-1.1-8-2
     (b) A sleeping car company’s property which is not described in subsection (a) is indefinite-situs distributable property. The department of local government finance shall apportion and distribute the assessed valuation of this property among the taxing districts in or through which the company operates cars. The department of local government finance shall make the apportionment in a manner which it considers fair.

[Pre-1975 Property Tax Recodification Citation: 6-1-44-11(2).]

Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.90-2002, SEC.64; P.L.182-2009(ss), SEC.99.

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