Indiana Code — Title 6 (Taxation)
IC 6-3.1-38.1-4
"Qualified railroad expenditures"
Official textiga.in.govlast amended
Sec. 4. As used in this chapter, "qualified railroad expenditures" means gross expenditures for maintenance, reconstruction, or replacement of railroad infrastructure, including track, roadbed, bridges, crossings, signals, industrial leads and sidings, and track related structures, owned or leased by a Class II or Class III railroad located in Indiana. The term does not
include expenditures used to generate a federal tax credit or expenditures funded by a state or federal grant.
As added by P.L.173-2025, SEC.2.
Amendment history
As added by P.L.173-2025, SEC.2.
Source: view the official text
Nearby sections (25 sections)
- 6-3.1-38-1 · Applicability
- 6-3.1-38-2 · "Qualified taxpayer"
- 6-3.1-38-3 · "State tax liability"
- 6-3.1-38-4 · Credit for qualified taxpayer; credit amounts
- 6-3.1-38-5 · Reporting requirements
- 6-3.1-38-6 · Claiming credit on tax return
- 6-3.1-38-7 · Maximum amount of credit; approval of claims
- 6-3.1-38-8 · Credit carryover; carryback or refund of unused credit
- 6-3.1-38-9 · Rules
- 6-3.1-38.1-1 · "Pass through entity"
- 6-3.1-38.1-2 · "Qualified applicant"
- 6-3.1-38.1-3 · "Qualified new rail infrastructure expenditures"
- 6-3.1-38.1-4 · "Qualified railroad expenditures"
- 6-3.1-38.1-5 · "Qualified rural county"
- 6-3.1-38.1-6 · "State tax liability"
- 6-3.1-38.1-7 · "Taxpayer"
- 6-3.1-38.1-8 · Applying for tax credit; eligibility
- 6-3.1-38.1-9 · Amount of tax credit
- 6-3.1-38.1-10 · Amount of tax credit; pass through entities
- 6-3.1-38.1-11 · Claiming tax credit
- 6-3.1-38.1-12 · Carry over of excess tax credit
- 6-3.1-38.1-13 · Assignment of tax credit
- 6-3.1-38.1-14 · Aggregate amount of tax credits permitted
- 6-3.1-38.1-15 · Expiration
- 6-3.1-38.3-1 · "Pass through entity"