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Indiana Code Title 4. State Offices and Administration § 4-4-37-5

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 5. (a) As used in this chapter, “qualified expenditures” means expenditures for preservation or rehabilitation that are chargeable to a capital account and limited for a project to the exterior of a building.

(b) The term does not include costs that are incurred to do the following:

(1) Acquire a property or an interest in a property.

(2) Pay taxes due on a property.

(3) Enlarge an existing structure.

(4) Pay realtor's fees associated with a structure or property.

(5) Pay paving and landscaping costs.

(6) Pay sales and marketing costs.

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Cite this article: FindLaw.com - Indiana Code Title 4. State Offices and Administration § 4-4-37-5 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-4-state-offices-and-administration/in-code-sect-4-4-37-5/

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