HB 1202 IN

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Requires the state to make payments in lieu of property taxes (PILOTs) for qualified parcels in counties in which at least 19% of all land in the county is: (1) in the aggregate, owned or leased by the state or the federal government; and (2) subject to an exemption from property taxes. Defines "qualified parcel" as a parcel that is: (1) owned or leased by the state; (2) subject to an exemption from property taxes; and (3) located in a county to which this act applies. Provides that a county containing qualified parcels is entitled to receive PILOTs from the state. Provides that for purposes of calculating a PILOT, each acre of the qualified parcel is considered to have an assessed value of 1/2 of the statewide agricultural land base rate value. Provides that money received from the PILOTs must be used by the taxing units for capital expenditures related to public safety. Annually appropriates from the state general fund the amount necessary to pay the required PILOTs.

• Steve Bartels Republican · author

1. Jan 10, 2023 Authored by Representative Bartels · lower
2. Jan 10, 2023 First reading: referred to Committee on Ways and Means · lower
3. Jan 12, 2023 Representative Hall D added as coauthor · lower

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Introduced House Bill (H) · Jan 10, 2023 · PDF