CHAPTER 8. TAXATION OF OPERATORS

IC 8-15.5-8
    Chapter 8. Taxation of Operators

IC 8-15.5-8-1
Property tax exemption
    Sec. 1. A toll road project and tangible personal property usedexclusively in connection with a toll road project that are:
        (1) owned by the authority and leased, franchised, licensed, orotherwise conveyed to an operator; or
        (2) acquired, constructed, or otherwise provided by an operatorin connection with the toll road project;
under the terms of a public-private agreement are considered to bepublic property devoted to an essential public and governmentalfunction and purpose and the property, and an operator's leaseholdestate, franchise, license, and other interests in the property, areexempt from all ad valorem property taxes and special assessmentslevied against property by the state or any political subdivision of thestate.
As added by P.L.47-2006, SEC.39.

IC 8-15.5-8-2
Taxation of income received by operator
    Sec. 2. Income received by an operator under the terms of apublic-private agreement is subject to taxation in the same manner asincome received by other private entities.
As added by P.L.47-2006, SEC.39.

IC 8-15.5-8-3
Sales tax on purchases by operator
    Sec. 3. An operator or any other person purchasing tangiblepersonal property for incorporation into or improvement of astructure or facility constituting or becoming part of the landincluded in the toll road project is not exempt from the applicationof the gross retail or use tax under IC 6-2.5 with respect to such apurchase.
As added by P.L.47-2006, SEC.39.