Section 6-2.5-5-7 - Materials used in construction business, public street, or utility serviceTransactions involving tangible personal property are exempt from the state gross retail tax if:
(1) the person acquiring the property is in the construction business;(2) the person acquiring the property acquires it for incorporation as a material or integral part of a public street or of a public water, sewage, or other utility service;(3) the public street or public utility service into which the property is to be incorporated is required under a subdivision plat, approved and accepted by the appropriate Indiana political subdivision; and(4) the public street or public utility is to be publicly maintained after its completion.As added by Acts1980 , P.L. 52, SEC.1.