Sec. 3. (a) This section does not apply to taxes or assessments levied by the state upon the gross receipts or income of an association, a corporation, a firm, a partnership, or a person received on account of the performance of contracts or other activities upon the property. (b) After the United States acquires property subject to this chapter, the property is exempt from all taxes and assessments as long as the United States owns the property. IC 4-20.5-15 Chapter 15. Acquisition of Property by the United States for Improvements on Rivers 4-20.5-15-1 Consent to federal acquisition of property by purchase or eminent domain; title; jurisdiction and control 4-20.5-15-2 Consent to federal purchase of property on Ohio or Wabash Rivers; limits on eminent domain acquisitions; cession of jurisdiction and right to assess and tax; judicial process
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