Indiana Code - Taxation - Title 6, Section 6-6-1.1-902.5

Refund to rural transit system; claim; interest

Sec. 902.5. (a) A rural transit system is entitled to a refund of tax
paid on gasoline used for transporting persons for compensation by
means of a motor vehicle or trackless trolley. However, the
transporting must be done:
(1) within a service area that is not larger than the rural transit
system service area and the counties contiguous to that rural
transit system service area; and
(2) under a written contract between the rural transit system and
the county providers within the service area that meets the
requirements prescribed by the department.
(b) The claim for refund must contain the following:
(1) A quarterly operating statement.
(2) A current balance sheet.
(3) A schedule of all salaries that exceed ten thousand dollars
($10,000) per year paid to any officer or employee.
(c) If a refund is not issued within ninety (90) days of filing of the
verified statement and all supplemental information required by
section 904.1 of this chapter, the department shall pay interest at the
rate established by IC 6-8.1-10-1(c) computed from the date of filing
of the refund application until a date determined by the administrator

that does not precede by more than thirty (30) days the date on which
the refund is made.

As added by P.L.45-1994, SEC.1. Amended by P.L.2-1995, SEC.34.

Last modified: May 28, 2006