Transportation facility
Ind. Code § 6-2.5-5-56
in effectSec. 56. (a) Transactions involving tangible personal property are exempt from the state gross retail tax if the person acquiring the property acquires it for incorporation into a transportation facility (as defined in IC 5-23-2-17) under a:
(1) public-private agreement executed in accordance with IC 5-23-8-1(a); or
(2) development agreement executed in accordance with IC 5-23-8-1(b).
(b) The exemption described in subsection (a) shall not apply to the extent that the applicable public-private agreement or development agreement is entered into before January 1, 2023.
As added by P.L.57-2022, SEC.11.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026