Preconstruction application for credit

Ind. Code § 6-3.1-29-17, under Chapter 29. Coal Gasification Technology Investment Tax Credit.

Ind. Code § 6-3.1-29-17

Sec. 17. A person that proposes to place a new integrated coal gasification powerplant or fluidized bed combustion technology into service may apply to the corporation before the taxpayer makes the qualified investment to enter into an agreement for a tax credit under this chapter. The corporation shall prescribe the form of the application. As added by P.L.191-2005, SEC.15. Amended by P.L.122-2006, SEC.15.

IC 6-3.1-29-18 Conditions for granting credit application Sec. 18. After receipt of an application, the corporation may enter into an agreement with the applicant for a credit under this chapter if the corporation determines that the taxpayer's proposed investment satisfies the requirements of this chapter. As added by P.L.191-2005, SEC.15.