SB 292-2_ Filed 01/26/2010, 10:30 Simpson
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
(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.
(4) Property taxation.
(5) Tangible property.
(b) As used in this section, "PILOTS" means payments in lieu
(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
(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
(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
(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.
(1) are due at the same time property taxes are due in the
(2) must bear interest, if unpaid, as in the case of property
(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.)