Ind. Admin. Code tit. 45, § 2.2-5-47 - School Building Materials

Current as of January 1, 1970

45 Iac 2.2-5-47 - School Building Materials45 Iac 2.2-5-47 - School Building Materials

45 Iac 2.2-5-46 - School Meals 45 Iac 2.2-5-48 - Gross Receipts Exempt From Gross Income Tax; U.s. and Indiana Tax Collection Agents

45 IAC 2.2-5-47 School building materials

Authority: IC 6-8.1-3-3

Affected: IC 6-2.5; IC 20-47-2; IC 20-47-3

Sec. 47. The state gross retail tax shall not apply to sales of tangible personal property incorporated or to be incorporated in a school building or school buildings being constructed by a lessor corporation in accordance with a lease executed under IC 21-5-11 $[IC 21-5](/navigator/019edbd9-b779-74eb-bf32-e3286165ffd3/title_45.article_2_2.rule_5.section_47) was repealed by P.L.2-2006, SECTION 199, effective July 1, 2006. See [IC 20-47-2](/navigator/019edbd9-b779-74eb-bf32-e3286165ffd3/title_45.article_2_2.rule_5.section_47).$ (School Building Leasing) or IC 21-5-12 $[IC 21-5](/navigator/019edbd9-b779-74eb-bf32-e3286165ffd3/title_45.article_2_2.rule_5.section_47) was repealed by P.L.2-2006, SECTION 199, effective July 1, 2006. See [IC 20-47-3](/navigator/019edbd9-b779-74eb-bf32-e3286165ffd3/title_45.article_2_2.rule_5.section_47).$ (School Corps. Authorized to Lease School Buildings).

(Department of State Revenue; Ch. 5, Reg. 6-2.5-5-23; filed Dec 1, 1982, 10:35 am: 6 IR 50)

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