Sec. 5. (a) Before July 1, 2014, a carrier that consumes compressed natural gas to propel a vehicle described in IC 6-6-4.1-2(a) may claim a credit against the road taxes imposed upon the carrier’s consumption of compressed natural gas in the previous state fiscal year.

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Terms Used In Indiana Code 6-6-12-5

  • carrier: has the meaning set forth in Indiana Code 6-6-12-3
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
     (b) After June 30, 2014, a carrier that consumes compressed natural gas to propel a vehicle described in IC 6-6-4.1-2(a) may claim a credit against the road taxes imposed upon the carrier’s consumption of compressed natural gas in the previous calendar quarter. A carrier must claim the credit in the manner prescribed under section 7 of this chapter before the following due dates:

(1) October 30 in 2014 and each year thereafter.

(2) January 30 in 2015 and each year thereafter.

(3) April 30 in 2015 and each year thereafter.

(4) July 30 in 2015 and each year thereafter.

As added by P.L.277-2013, SEC.14. Amended by P.L.212-2014, SEC.7.

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