Indiana Code Title 6. Taxation § 6-1.1-10-51

Sec. 51. (a) As used in this section, “child care” has the meaning set forth in IC 12-7-2-28.2.

(b) As used in this section, “early learning advisory committee” refers to the early learning advisory committee established by IC 12-17.2-3.8-5.

(c) As used in this section, “employer” means any person, corporation, limited liability company, partnership, or other entity with employees employed at a physical location in Indiana.  The term includes a pass through entity.  However, the term does not include an employer who is in the business of operating a child care facility.

(d) As used in this section, “office” refers to the office of the secretary of family and social services established by IC 12-8-1.5-1.

(e) The part of the gross assessed value of tangible property that is attributable to tangible property owned and used by an employer, or a parent company, subsidiary, or affiliate company of an employer, to provide child care for children of the employer's employees and children of the employees of another business in accordance with an agreement entered into under subsection (g) is exempt from property taxation if the following conditions are met:

(f) The child care facility may be operated by the employer or under a contract described in Section 45F(c)(1)(A)(iii) of the Internal Revenue Code to provide child care services to the employer's employees.

(g) An employer may provide child care in a facility described in subsection (e)(1) for the children of the employees of another business if the employer and the other business enter into an agreement that outlines the terms under which the child care is to be provided to the children of the employees of the other business.