2018 Indiana Code
TITLE 6. Taxation
ARTICLE 1.1. PROPERTY TAXES
CHAPTER 10.3. County Option Exemption of Business Personal Property
6-1.1-10.3-4. "New personal property"
Sec. 4. As used in this chapter, "new personal property" means business personal property that:
(1) a taxpayer places in service after the later of the date the exemption ordinance is adopted or a date specified in the exemption ordinance; and
(2) has not previously been used in Indiana before the taxpayer acquires the business personal property.
As added by P.L.80-2014, SEC.2.