Indiana Statutes

§ 6-2.5-5-14 — Public utilities; acquisitions of personal property

Indiana § 6-2.5-5-14
JurisdictionIndiana
Art. 2.5STATE GROSS RETAIL AND USE TAXES
Ch. 5Exempt Transactions of Retail Merchant

This text of Indiana § 6-2.5-5-14 (Public utilities; acquisitions of personal property) 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 § 6-2.5-5-14 (2026).

Text

(a)Transactions involving tangible personal property are exempt from the state gross retail tax if the person acquiring the property is:
(1)a municipally owned utility;
(2)a utility owned or operated by a special district; or
(3)a public utility owned or operated by a not-for-profit corporation incorporated under:
(A)the Indiana General Not for Profit Corporation Act (Acts 1935, Chapter 157, as amended), notwithstanding its repeal;
(B)the Indiana Not-for-Profit Corporation Act of 1971 (IC 23-7-1.1), notwithstanding its repeal; or
(C)IC 23-17.
(b)The term "public utility owned or operated by a not-for-profit corporation" does not include those public utilities incorporated under Acts 1935, chapter 157, as amended, and which are owned or operated by local district rural electric memb

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Nearby Sections

15
§ 6-1.1-1-1
Applicability
§ 6-1.1-1-1.5
"Assessing official"
§ 6-1.1-1-10
"Person"
§ 6-1.1-1-11
"Personal property"
§ 6-1.1-1-13
Repealed
§ 6-1.1-1-14
"Property taxation"
§ 6-1.1-1-15
"Real property"
§ 6-1.1-1-18
"State agency"
§ 6-1.1-1-19
"Tangible property"
§ 6-1.1-1-2
"Assessment date"
§ 6-1.1-1-20
"Taxing district"
§ 6-1.1-1-21
"Taxing unit"
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Bluebook (online)
Indiana § 6-2.5-5-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-2.5-5-14.