Indiana property tax abatements for new manufacturing equipment, that used for research & development, logistical distribution, or information technology, installed in economic revitalization areas, have been extended to equipment installed on or before December 31, 2011, as opposed to the original Jan. 1, 2006 date.
Abatements approved before July 1, 2005 remain in effect according to abatement provisions as they were on June 30, 2005.
(HB 1182)
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