Sec. 6. As used in this chapter, "integrated coal gasification powerplant" means a facility that satisfies all the following requirements:
(1) The facility is located in Indiana and is a newly constructed energy generating plant.
(2) The facility converts coal into synthesis gas that can be used as a fuel to generate energy or as a substitute for natural gas.
(3) The facility uses the synthesis gas as a fuel to generate electric energy or produces synthesis gas that can be used as a substitute for natural gas.
(4) The facility is dedicated primarily to production of electricity or gas for use by energy utilities serving Indiana retail electric or gas utility consumers.
As added by P.L.191-2005, SEC.15. Amended by P.L.175-2007, SEC.4.
Structure Indiana Code
Article 3.1. State Tax Liability Credits
Chapter 29. Coal Gasification Technology Investment Tax Credit
6-3.1-29-0.1. Application of Chapter; Severability
6-3.1-29-1. Legislative Intent; Use of Women and Minority Businesses as Vendors
6-3.1-29-4.5. "Fluidized Bed Combustion Technology"
6-3.1-29-6. "Integrated Coal Gasification Powerplant"
6-3.1-29-8. "Minority Business Enterprise"
6-3.1-29-9. "Pass Through Entity"
6-3.1-29-10. "Qualified Investment"
6-3.1-29-11. "State Tax Liability"
6-3.1-29-13. "Women's Business Enterprise"
6-3.1-29-15. Computation of Credit Amount
6-3.1-29-16. Limitations on Use of Credit
6-3.1-29-17. Preconstruction Application for Credit
6-3.1-29-18. Conditions for Granting Credit Application
6-3.1-29-19. Terms of Required Agreement; Certificate of Compliance
6-3.1-29-20. Allocation of Credit Among Shareholders, Partners, and Members
6-3.1-29-20.5. Assignability of Credit by Contract
6-3.1-29-20.7. Findings; Election to Receive Refundable Credit