Indiana Code — Title 6 (Taxation)
IC 6-2.5-5-27
Exemptions for property and services used for public
transportation; temporary taxation of natural gas products used for public transportation
Sec. 27. (a) Except as provided in subsection (b), transactions involving tangible personal property and services are exempt from the state gross retail tax, if the person acquiring the property or service directly uses or consumes it in providing public transportation for persons or property.
(b) Except as provided in subsection (c), a transaction involving a natural gas product (as defined by IC 6-6-2.5-16.5) acquired:
# (1)
after December 31, 2013, and before January 1, 2017; and
# (2)
to fuel a motor vehicle used in providing public transportation for persons or property;
is not exempt from the state gross retail tax.
(c) Subsection (b) does not apply to transactions involving a natural gas product purchased by a public transportation corporation to fuel a motor vehicle used to provide public transportation for persons.
As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.277-2013, SEC.4; P.L.226-2014(ts),
SEC.1.
Amendment history
As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.277-2013, SEC.4; P.L.226-2014(ts), SEC.1.
Source: view the official text
Nearby sections (25 sections)
- 6-2.5-5-17 · Newspapers
- 6-2.5-5-18 · Drugs, medical equipment, supplies, and devices;…
- 6-2.5-5-19 · Drugs, insulin, oxygen, blood, or blood plasma;…
- 6-2.5-5-19.5 · Drugs; insulin; oxygen; blood glucose monitoring supply;
- 6-2.5-5-20 · "Food and food ingredients for human consumption"
- 6-2.5-5-21 · Exemption; sales of food and food ingredients by nonprofit
- 6-2.5-5-21.5 · Repealed
- 6-2.5-5-22 · Exemption; sales of meals; schools; fraternities;…
- 6-2.5-5-23 · School building materials
- 6-2.5-5-24 · Exemption; sales to the United States government;…
- 6-2.5-5-25 · Exemption; nonprofit organizations; uses to carry on its
- 6-2.5-5-26 · Nonprofit organizations; less than $100,000 in sales; sale…
- 6-2.5-5-27 · Exemptions for property and services used for public
- 6-2.5-5-27.5 · Rolling stock
- 6-2.5-5-28 · Repealed
- 6-2.5-5-29 · Manufactured homes; industrialized residential structures
- 6-2.5-5-30 · Environmental quality compliance; manufacturing, mining,
- 6-2.5-5-31 · Free distribution newspaper; related transactions
- 6-2.5-5-33 · Tangible personal property purchased with food stamps
- 6-2.5-5-34 · Sale of lottery tickets; gross retail tax
- 6-2.5-5-35 · Tangible personal property transactions
- 6-2.5-5-36 · Commercial printing contracts
- 6-2.5-5-37 · Professional motor racing vehicle parts exemption;…
- 6-2.5-5-38 · Repealed
- 6-2.5-5-38.1 · Qualified computer equipment sales