Nonprofit corporation property used in operation of health facility
or home for the aged
Sec. 18.5. (a) This section does not exempt from property tax an
office or a practice of a physician or group of physicians that is
owned by a hospital licensed under IC 16-21-1 or other property that
is not substantially related to or supportive of the inpatient facility of
the hospital unless the office, practice, or other property:
(1) provides or supports the provision of charity care (as
defined in IC 16-18-2-52.5), including funds or other financial
support for health care services for individuals who are indigent
(as defined in IC 16-18-2-52.5(b) and IC 16-18-2-52.5(c)); or
(2) provides or supports the provision of community benefits
(as defined in IC 16-21-9-1), including research, education, or
government sponsored indigent health care (as defined in
IC 16-21-9-2).
However, participation in the Medicaid or Medicare program, alone,
does not entitle an office, a practice, or other property described in
this subsection to an exemption under this section.
(b) Tangible property is exempt from property taxation if it is:
(1) owned by an Indiana nonprofit corporation; and
(2) used by that corporation in the operation of a hospital
licensed under IC 16-21, a health facility licensed under
IC 16-28, or in the operation of a residential facility for the aged
and licensed under IC 16-28, or in the operation of a Christian
Science home or sanatorium.
(c) Property referred to in this section shall be assessed to the
extent required under IC 6-1.1-11-9.
As added by Acts 1978, P.L.30, SEC.1. Amended by Acts 1982,
P.L.29, SEC.2; P.L.66-1983, SEC.1; P.L.2-1993, SEC.53;
P.L.25-1995, SEC.14; P.L.198-2001, SEC.29.
Last modified: May 28, 2006