Sec. 9. A boat is exempt from the boat excise tax imposed for a year if the boat is:
(1) owned by the United States;
(2) owned by the state or one (1) of its political subdivisions (as defined in IC 36-1-2-13);
(3) owned by an organization exempt from federal income taxation under 501(c)(3) of the Internal Revenue Code;
(4) a human powered vessel, as determined by the department of natural resources;
(5) held by a boat manufacturer, distributor, or dealer for sale in the ordinary course of business;
(6) used by a person for the production of income and subject to assessment under IC 6-1.1;
(7) stored in Indiana for less than twenty-two (22) consecutive days and not operated, used, or docked in Indiana;
(8) except as provided in subdivision (9), registered outside Indiana and operated, used, or docked in Indiana for a combined total of less than twenty-two (22) consecutive days during the boating year;
(9) a motorboat (as defined by IC 9-13-2-103.5) and is registered outside Indiana and docked on the Indiana part of Lake Michigan for a combined total of not more than one hundred eighty (180) consecutive days; or
(10) subject to the commercial vessel tonnage tax under IC 6-6-6.
As added by P.L.98-1989, SEC.1. Amended by P.L.81-1993, SEC.1; P.L.146-2008, SEC.356; P.L.219-2014, SEC.3.
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