Grant does not reduce basis of qualified property

Ind. Code § 4-4-32.2-16, under Chapter 32.2. Alternative Fuel Fueling Station Grant Program.

Ind. Code § 4-4-32.2-16

Sec. 16. A grant awarded under this chapter does not reduce the basis of the qualified property for purposes of determining any gain or loss on the property when the grant recipient disposes of the property. As added by P.L.151-2009, SEC.1.