Section 45IAC12-8-2. Refund to local transit systems; limitations; requisites

   (a) A local transit system is entitled to a refund of tax paid on gasoline used in its operations along highways in Indiana.

  (b) For purposes of this section, a "local transit system" is a municipally owned or contracted common carrier who transports persons within the corporate limits of a municipality, or within the corporate limits and not more than five (5) miles beyond the corporate limits of a municipality, all of which are in Indiana.

  (c) For purposes of paragraph (2) [renumbered subsection (b) by the revisor], the term "common carrier" shall mean any person that holds himself out to the general public to engage in the transportation by motor vehicle of persons for compensation whether over regular or irregular routes.

  (d) For purposes of this section, the term "use" shall mean the consumption, depletion, or other expenditure of gasoline in this state except for destruction, loss, evaporation, or shrinkage as provided in Indiana Regulation 6-6-1.1-201(010)(3)(c) [45 IAC 12-2-1(c)(3)]. (Department of State Revenue; Reg 6-6-1.1-902(010); filed Sep 19, 1983, 2:23 pm: 6 IR 2326)