Ind. Code § 6-6-12-6

Current through P.L. 171-2024

Section 6-6-12-6 - Tax credit amount

The amount of a credit allowed under this chapter is equal to twelve percent (12%) of the road taxes imposed upon the carrier's consumption of compressed natural gas in:

(1) the previous state fiscal year for compressed natural gas consumed before July 1, 2014; or

(2) the previous calendar quarter for compressed natural gas consumed after June 30, 2014.

IC 6-6-12-6

Amended by P.L. 212-2014, SEC. 8, eff. 3/27/2014, retroactive.

Added by P.L. 277-2013, SEC. 14, eff. 1/1/2014.