Effective 1-1-2019.

1. (1) The rentee is:

   1. (A) the United States government;
   2. (B) the state;
   3. (C) a political subdivision (as defined in IC 36-1-2-13 ); or
   4. (D) an agency or instrumentality of an entity described in clauses (A) through (C).
2. (2) The transaction is a subrent of the heavy rental equipment from a rentee to another person, and the rentee was liable for the tax imposed under this chapter.

Sec. 4. A transaction involving the rental of heavy rental equipment is exempt from the tax imposed by this chapter if any of the following apply:

As added by P.L.188-2018, SEC.3.