Sec. 11. The boat excise tax due under section 10 of this chapter is reduced by ten percent (10%) for each year since the model year of the boat, not to exceed fifty percent (50%). The reduced excise tax liability shall be rounded upward to the next full dollar amount. However, the boat excise tax due for a year may not be reduced to less than six dollars ($6) for a Class 2 boat or two dollars ($2) for a Class 1 boat.
As added by P.L.98-1989, SEC.1. Amended by P.L.33-1990, SEC.18; P.L.71-1991, SEC.2; P.L.256-2017, SEC.75; P.L.178-2019, SEC.27.
Structure Indiana Code
Article 6. Motor Fuel and Vehicle Excise Taxes
6-6-11-1. "Boat" or "Watercraft"
6-6-11-8. Boat Registration; Boat Excise Tax
6-6-11-10. Amount of Tax; Computation
6-6-11-11. Reductions in Tax; Age of Boat
6-6-11-13. Payments; Bureau of Motor Vehicles
6-6-11-14. Boats Subject to Tax After the Regular Annual Tax Payment Date; Payment; Amount
6-6-11-20. Collection and Administration of Tax by Bureau of Motor Vehicles
6-6-11-25. Failure to Pay Tax; Penalty
6-6-11-28. Enforcement; Lessors of Dockage Space, Slips, or Storage Space; Information
6-6-11-29. Transfer of Money Collected by Bmv
6-6-11-31. Boat Excise Tax Fund; State Welfare and Tuition Support Allocation Amount
6-6-11-33. County Treasurer; Duties
6-6-11-36. Indebtedness of Political or Municipal Corporations; Assessed Valuation