IN HB1193

Creates a 10% state tax credit for farmers who purchase and install insulated curtains in farm buildings located in Indiana, covering both the curtains and associated installation costs

Insulated curtains must have an R-value of at least 3 to qualify for the credit

Applies to sole proprietors, partnerships, limited liability companies, limited liability partnerships, and corporations engaged in agricultural business

Unused credits may be carried forward for up to 9 taxable years but cannot be refunded or carried back

Effective July 1, 2011, for taxable years beginning after December 31, 2011