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2019 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"
Universal Citation: IN Code § 6-1.1-10.3-4 (2019)
IC 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.
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