Indiana Code - Taxation - Title 6, Section 6-2.5-5-29

Manufactured homes; industrialized residential structures

Sec. 29. (a) As used in this section:

"Manufactured home" means a manufactured home as that term
is defined in 42 U.S.C. 5402(6) as that statute was adopted and in
effect on January 1, 1988.

"Industrialized residential structure" means a structure that is both
an industrialized building system (as defined in IC 22-12-1-14) and
a one (1) or two (2) family private residence.
(b) Sales of manufactured homes or industrialized residential
structures are exempt from the state gross retail tax to the extent that
the gross retail income from the sales is not attributable to the cost
of materials used in manufacturing the manufactured home or
industrialized residential structure.
(c) For purposes of this section, the part of the gross retail income
not attributable to the cost of materials used in manufacturing a
manufactured home or an industrialized residential structure is
thirty-five percent (35%) of the gross retail income derived from the
sale of the manufactured home or industrialized residential structure.
(d) The gross retail income derived from the sale of a preowned
manufactured home is exempt from the state gross retail tax.
As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.245-1987,
SEC.7; P.L.86-1989, SEC.2.

Last modified: May 28, 2006