{"data":{"id":"us-in/ic-6-3.1-38.1-3","jurisdiction":"us-in","citation":"IC 6-3.1-38.1-3","heading":"\"Qualified new rail infrastructure expenditures\"","body":"Sec. 3. As used in this chapter, \"qualified new rail infrastructure expenditures\" means gross expenditures for new rail infrastructure, including:\n(1) construction of new track infrastructure such as industrial leads, switches, spurs, sidings, rail loading docks, and transloading structures, and engineering and site preparation involved with servicing new customer locations;\n(2) the expansion by a Class II or Class III railroad; or\n(3) construction of new track infrastructure involved with servicing new customer locations located in a qualified rural county.","path":["TITLE 6. TAXATION","ARTICLE 3.1. STATE TAX LIABILITY CREDITS","Chapter 38.1. Railroad Tax Credit for Qualified Infrastructure Investment"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-3.1-38.1-3","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"98fdbeed29ffba85af002f9b663f9c8baeabc3304c3f14655d2fdc487d354c52","source_id":"us-in","stale":false,"prev":"us-in/ic-6-3.1-38.1-2","next":"us-in/ic-6-3.1-38.1-4"},"notice":"GroundRules: Original legal text. Not legal advice."}