Indiana § 6-2.5-5-27.5 Rolling stock

Indiana Statutes

§ 6-2.5-5-27.5 — Rolling stock

Indiana § 6-2.5-5-27.5

Art. 2.5STATE GROSS RETAIL AND USE TAXES

Ch. 5Exempt Transactions of Retail Merchant

This text of Indiana § 6-2.5-5-27.5 (Rolling stock) 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 § 6-2.5-5-27.5 (2026).

Text

5.

(a)For purposes of this section, "rolling stock" means rail transportation equipment, including locomotives, box cars, flatbed cars, hopper cars, tank cars, and freight cars of any type or class.

(b)Transactions involving the following tangible personal property are exempt from the gross retail tax:

(1)Rolling stock that is purchased or leased by a person.

(2)All spare, replacement, and rebuilding parts or accessories, components, materials, or supplies, including lubricants and fuels, for rolling stock described in subdivision (1).

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5. (a) For purposes of this section, "rolling
stock" means rail transportation equipment, including locomotives, box
cars, flatbed cars, hopper cars, tank cars, and freight cars of any type or
class.
(b) Transactions involving the following tangible personal property
are exempt from the gross retail tax:
(1) Rolling stock that is purchased or leased by a person.
(2) All spare, replacement, and rebuilding parts or accessories,
components, materials, or supplies, including lubricants and fuels,
for rolling stock described in subdivision (1).