Indiana Code - Taxation - Title 6, Section 6-2.5-5-12

Water and wastewater utilities; plants and expenses

Sec. 12. (a) Transactions involving tangible personal property are
exempt from the state gross retail tax, if:
(1) the property is classified as source of supply plant and
expenses, the pumping plant and expenses, or water treatment
plant and 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 public utility that
furnishes or sells water in a retail transaction described in
IC 6-2.5-4-5.
(b) Transactions involving tangible personal property are exempt
from the state gross retail tax if:
(1) the property is classified as collection plant and expenses,
treatment and disposal plant and expenses, or system pumping
plant and expenses; and
(2) the person acquiring the property is a public utility that
collects, treats, or processes wastewater.

As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.23-1988,
SEC.10; P.L.71-1993, SEC.8; P.L.91-1995, SEC.1.

Last modified: May 28, 2006