SB 292-2_ Filed 01/26/2010, 10:30 Simpson



    I move
that Senate Bill 292 be amended to read as follows:

SOURCE: Page 2, line 17; (10)MO029203.2. -->     Page 2, between lines 17 and 18, begin a new paragraph and insert:
    " (f) If a governing board owns or operates a health facility that is:
        (1) located outside the county; and
        (2) exempt from property taxation;
the health facility is subject to payments in lieu of taxes under section 1.5 of this chapter.

SOURCE: IC 16-22-3-1.5; (10)MO029203.2. -->     SECTION 2. IC 16-22-3-1.5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2010]: Sec. 1.5. (a) As used in this section, the following terms have the meanings set forth in IC 6-1.1-1:
        (1) Assessed value.
        (2) Exemption.
        (3) Owner.
        (4) Property taxation.
        (5) Tangible property.
    (b) As used in this section, "PILOTS" means payments in lieu of taxes.
    (c) The owner of a health facility referred to in section 1(f) of this chapter shall pay PILOTS with respect to the facility's tangible property.
    (d) The PILOTS must be calculated so that the PILOTS are in an amount equal to the amount of property taxes that would have been levied on the tangible property described in subsection (c) if the property were not subject to an exemption from property taxation.
    (e) PILOTS must be imposed as are property taxes and must be based on the assessed value of the tangible property described in subsection (c). Except as provided in subsection (h), the township assessor, or the county assessor if there is no township assessor for the township, shall assess the tangible property described in

subsection (c) as though the property were not subject to an exemption.
    (f) PILOTS collected under this section shall be distributed in the same manner as if they were property taxes being distributed to the taxing units in the county.
    (g) PILOTS:
        (1) are due at the same time property taxes are due in the county;
        (2) must bear interest, if unpaid, as in the case of property taxes; and
        (3) must be treated in the same manner as property taxes for purposes of all procedural and substantive provisions of law.
    (h) If the duties of the township assessor have been transferred to the county assessor as described in IC 6-1.1-1-24, a reference to the township assessor in this section is considered to be a reference to the county assessor.
    Renumber all SECTIONS consecutively.
    (Reference is to SB 292 as printed January 22, 2010.)



MO029203/DI 52