Indiana Statutes

§ 6-3.1-38.1-4 — "Qualified railroad expenditures"

Indiana § 6-3.1-38.1-4
JurisdictionIndiana
Art. 3.1STATE TAX LIABILITY CREDITS
Ch. 38.1Railroad Tax Credit for Qualified Infrastructure

This text of Indiana § 6-3.1-38.1-4 ("Qualified railroad expenditures") 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 § 6-3.1-38.1-4 (2026).

Text

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.

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Legislative History

As added by P.L.173-2025, SEC.2.

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Repealed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 § 6-3.1-38.1-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-3.1-38.1-4.