2017 Indiana Code
TITLE 6. Taxation
ARTICLE 1.1. PROPERTY TAXES
CHAPTER 12.2. Deduction for Aircraft
6-1.1-12.2-1. Application of chapter
Sec. 1. This chapter applies only to the following:
(1) Aircraft that:
(A) have a seating capacity of not more than ninety (90) passengers;
(B) are used in the air transportation of passengers or passengers and property; and
(C) are owned or operated by a person who is:
(i) an air carrier certificated under Federal Air Regulation Part 121; or
(ii) a scheduled air taxi operator certified under Federal Air Regulation Part 135.
(2) Aircraft that:
(A) are used to transport only property, regardless of whether the aircraft is operated as a common carrier for compensation; and
(B) are owned or operated by a person who is:
(i) an air carrier certificated under Federal Air Regulation Part 121; or
(ii) a scheduled air taxi operator certified under Federal Air Regulation Part 135.
As added by P.L.224-2003, SEC.180.