Sleeping car companies
Sec. 13. (a) The fixed property of a sleeping car company consists
of real property and tangible personal property which has a definite
situs.
(b) A sleeping car company's property which is not described in
subsection (a) is indefinite-situs distributable property. The
department of local government finance shall apportion and
distribute the assessed valuation of this property among the taxing
districts in or through which the company operates cars. The
department of local government finance shall make the
apportionment in a manner which it considers fair.
(Formerly: Acts 1975, P.L.47, SEC.1.) As amended by P.L.90-2002,
SEC.64.
Last modified: May 28, 2006