transportation; temporary taxation of natural gas products used for public transportation Sec. 27. (a) Except as provided in subsection (b), transactions involving tangible personal property and services are exempt from the state gross retail tax, if the person acquiring the property or service directly uses or consumes it in providing public transportation for persons or property. (b) Except as provided in subsection (c), a transaction involving a natural gas product (as defined by IC 6-6-2.5-16.5) acquired: (1) after December 31, 2013, and before January 1, 2017; and (2) to fuel a motor vehicle used in providing public transportation for persons or property; is not exempt from the state gross retail tax. (c) Subsection (b) does not apply to transactions involving a natural gas product purchased by a public transportation corporation to fuel a motor vehicle used to provide public transportation for persons. As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.277-2013, SEC.4; P.L.226-2014(ts), SEC.1.
IC 6-2.5-5-27.5 Rolling stock Sec. 27.5. (a) For purposes of this section, "rolling stock" means rail transportation equipment, including locomotives, box cars, flatbed cars, hopper cars, tank cars, and freight cars of any type or class. (b) Transactions involving the following tangible personal property are exempt from the gross retail tax: (1) Rolling stock that is purchased or leased by a person. (2) All spare, replacement, and rebuilding parts or accessories, components, materials, or supplies, including lubricants and fuels, for rolling stock described in subdivision (1). As added by P.L.61-1997, SEC.2.