Partnertax.ai
Start free trial →

Indiana Code — Title 6 (Taxation)

IC 6-2.5-15-14

Specific transaction award certificate to make purchases that

Official textiga.in.govlast amended

are exempt; duration of certificate
Note: This version of section effective 1-1-2026. See also preceding version of this section, effective until 1-1-2026.
Revisor's Note: The effective date of amendment of IC 6-2.5-15-14 by P.L.178-2025, SEC.14 was changed to 1-1-2026 by P.L.213-2025, SEC.337.
Sec. 14. (a) A qualified data center user or a quantum computing research, advanced computing, and defense infrastructure network operator that holds an interest in a qualified data center or an interest in a quantum computing research, advanced computing, and defense infrastructure network may apply to the corporation for a specific transaction award certificate to make purchases, other than the purchase of utilities described in IC 6-2.5-4-5, that are exempt under this chapter. The request must be on a form prescribed by the corporation.

(b) The corporation has exclusive authority over issues related to issuing a specific transaction award certificate.

(c) If the corporation issues a specific transaction award certificate under this chapter, the certificate must state that the facility is a qualified data center or a quantum computing research, advanced computing, and defense infrastructure network, as applicable.

(d) A specific transaction award certificate issued by the corporation shall expire not later than:

# (1)

twenty-five (25) years after the date of issuance;

# (2)

in the case of a qualified data center user, fifty (50) years after the date of issuance if the qualified investment is seven hundred fifty million dollars ($750,000,000) or greater; or

# (3)

in the case of a quantum computing research, advanced computing, and defense infrastructure network operator, fifty (50) years after the date of issuance if the qualified investment is fifty million dollars ($50,000,000) or greater within three (3)

years of the issuance of the transaction award certificate.
As added by P.L.256-2019, SEC.2. Amended by P.L.178-2025, SEC.14.

Amendment history

As added by P.L.256-2019, SEC.2. Amended by P.L.178-2025, SEC.14.

Source: view the official text

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
Nearby sections (25 sections)
  1. 6-2.5-15-6 · "Interest in qualified data center"
  2. 6-2.5-15-6.5 · "Interest in a quantum computing research, advanced
  3. 6-2.5-15-7 · "Operator"
  4. 6-2.5-15-8 · "Owner"
  5. 6-2.5-15-9 · "Qualified colocation tenant"
  6. 6-2.5-15-10 · "Qualified data center"
  7. 6-2.5-15-11 · "Qualified data center equipment"
  8. 6-2.5-15-12 · "Qualified data center user"
  9. 6-2.5-15-13 · "Qualified investment"
  10. 6-2.5-15-13.2 · "Quantum safe fiber network"
  11. 6-2.5-15-13.3 · "Quantum safe fiber network equipment"
  12. 6-2.5-15-13.4 · "Quantum computing research, advanced computing, and
  13. 6-2.5-15-14 · Specific transaction award certificate to make purchases…
  14. 6-2.5-15-15 · Requirement for qualified data center user to enter into…
  15. 6-2.5-15-16 · Sales tax exemption
  16. 6-2.5-15-17 · Procedures for claiming the credit; exemption certificate
  17. 6-2.5-15-18 · Notice of noncompliance; assessment
  18. 6-2.5-15-19 · Continuing effect of specific transaction award…
  19. 6-2.5-15-20 · Economic and fiscal impact study
  20. 6-3-1-1 · Short title
  21. 6-3-1-2 · Construction of definitions
  22. 6-3-1-2.5 · "Armed forces of the United States"
  23. 6-3-1-2.7 · "National Guard"
  24. 6-3-1-3 · Repealed
  25. 6-3-1-3.1 · Repealed
Full table of contents →