Indiana Code 6-6-12-6. Tax credit amount
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Sec. 6. 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:
(2) the previous calendar quarter for compressed natural gas consumed after June 30, 2014.
(1) the previous state fiscal year for compressed natural gas consumed before July 1, 2014; or
Terms Used In Indiana Code 6-6-12-6
- 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.
As added by P.L.277-2013, SEC.14. Amended by P.L.212-2014, SEC.8.