HOUSE BILL No. 1736
DIGEST OF INTRODUCED BILL
Synopsis: ATV sales tax exemption. Exempts a retail transaction
involving an all terrain vehicle (ATV) from the state gross retail tax if
the person acquiring the ATV intends to use it for agricultural
Effective: July 1, 2001.
January 17, 2001, read first time and referred to Committee on Ways and Means.
First Regular Session 112th General Assembly (2001)
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HOUSE BILL No. 1736
A BILL FOR AN ACT to amend the Indiana Code concerning
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: IC 6-2.5-5-39; (01)IN1736.1.1. -->
IS ADDED TO THE INDIANA CODE
AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY
1, 2001]: Sec. 39. (a) For purposes of this section, "all terrain
vehicle" has the meaning set forth in
(b) For purposes of this section, "agricultural purpose" has the
meaning set forth in
(c) A retail transaction involving an all terrain vehicle is exempt
from the state gross retail tax if the person acquiring the all terrain
vehicle intends to use it for agricultural purposes.
SOURCE: ; (01)IN1736.1.2. -->
SECTION 2. [EFFECTIVE JULY 1, 2001]
, as added
by this act, applies to retail transactions involving all terrain
vehicles that occur after June 30, 2001.