Indiana Code 6-3.1-29-10. “Qualified investment”
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Sec. 10. As used in this chapter, “qualified investment” means a taxpayer‘s expenditures for:
(2) transmission equipment and other real and personal property located at the site of an integrated coal gasification powerplant or a fluidized bed combustion technology that is employed specifically to serve the integrated coal gasification powerplant or fluidized bed combustion technology.
(1) all real and tangible personal property incorporated in and used as part of an integrated coal gasification powerplant or a fluidized bed combustion technology; and
Terms Used In Indiana Code 6-3.1-29-10
- fluidized bed combustion technology: means a technology that involves the combustion of fuel in connection with a bed of inert material, such as limestone or dolomite, which is held in a fluid like state by the means of air or other gasses being passed through the materials. See Indiana Code 6-3.1-29-4.5
- integrated coal gasification powerplant: means a facility that satisfies all the following requirements:
Indiana Code 6-3.1-29-6
- Personal property: All property that is not real property.
- Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
- taxpayer: means a person, a corporation, a partnership, or other entity that makes a qualified investment. See Indiana Code 6-3.1-29-12
As added by P.L.191-2005, SEC.15. Amended by P.L.122-2006, SEC.11.