Indiana § 6-2.5-5-10 Electric or steam utilities; production plant or power production
expenses

Indiana Statutes

§ 6-2.5-5-10 — Electric or steam utilities; production plant or power production expenses

Indiana § 6-2.5-5-10

Art. 2.5STATE GROSS RETAIL AND USE TAXES

Ch. 5Exempt Transactions of Retail Merchant

This text of Indiana § 6-2.5-5-10 (Electric or steam utilities; production plant or power production expenses) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 6-2.5-5-10 (2026).

Text

Transactions involving tangible personal property are exempt from the state gross retail tax, if:

(1)the property is classified as production plant or power production expenses, according to the uniform system of accounts which was adopted and prescribed for the utility by the Indiana utility regulatory commission; and

(2)the person acquiring the property is:

(A)a public utility that furnishes or sells electrical energy, steam, or steam heat in a retail transaction described in IC 6-2.5-4-5; or

(B)a power subsidiary (as defined in IC 6-2.5-1-22.5) that furnishes or sells electrical energy, steam, or steam heat to a public utility described in clause (A). As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.23-1988, SEC.8; P.L.71-1993, SEC.6; P.L.137-2022, SEC.25.

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Transactions involving tangible personal
property are exempt from the state gross retail tax, if:
(1) the property is classified as production plant or power
production expenses, according to the uniform system of accounts
which was adopted and prescribed for the utility by the Indiana
utility regulatory commission; and
(2) the person acquiring the property is:
(A) a public utility that furnishes or sells electrical energy,
steam, or steam heat in a retail transaction described in IC 6-2.5-4-5; or
(B) a power subsidiary (as defined in IC 6-2.5-1-22.5) that
furnishes or sells electrical energy, steam, or steam heat to a
public utility described in clause (A).
As added by Acts 1980, P.L.52, SEC.1. Amended by
P.L.23-1988, SEC.8; P.L.71-1993, SEC.6; P.L.137-2022,
SEC.25.