Indiana Code
Chapter 3. Funding for Central Indiana Public Transportation Projects
8-25-3-8. Purchase of Equipment as an Operating Expense

Sec. 8. For purposes of this chapter, IC 36-9-2-2(b), and IC 36-9-4-58(b), the purchase of equipment or other personal property is considered an operating expense if the equipment or other personal property has a useful life of less than three (3) years.
As added by P.L.153-2014, SEC.17.

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Structure Indiana Code

Indiana Code

Title 8. Utilities and Transportation

Article 25. Central Indiana Public Transportation Projects

Chapter 3. Funding for Central Indiana Public Transportation Projects

8-25-3-1. County Funding

8-25-3-2. Repealed

8-25-3-3. Repealed

8-25-3-4. Ordinance to Impose Taxes Prohibited Unless Taxes Were Described in the Enabling Ordinance and the Public Question

8-25-3-5. Repealed

8-25-3-6. Mandatory Alternative Funding Sources

8-25-3-7. County Public Transportation Project Fund

8-25-3-8. Purchase of Equipment as an Operating Expense