2018 Indiana Code
TITLE 6. Taxation
ARTICLE 1.1. PROPERTY TAXES
CHAPTER 12.3. Intrastate Aircraft Deduction
6-1.1-12.3-1. Application
Sec. 1. This chapter applies only to the following:
(1) Aircraft that:
(A) have a seating capacity of not less than nine (9) passengers;
(B) are used in the air transportation of passengers or passengers and property; and
(C) are owned or operated by a person that is:
(i) an air carrier certified under Federal Aviation Regulation Part 121; or
(ii) a scheduled air taxi operator certified under Federal Aviation 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 that is:
(i) an air carrier certified under Federal Aviation Regulation Part 121; or
(ii) a scheduled air taxi operator certified under Federal Aviation Regulation Part 135.
As added by P.L.224-2003, SEC.279.