Title 4, TITLE 4. STATE OFFICES AND ADMINISTRATION

Sec. 1. As used in this chapter, "director" means the director of the office. As added by P.L.34-2013, SEC.2.

Sec. 2. As used in this chapter, "office" refers to the Indiana office of energy development established by section 3 of this chapter. As added by P.L.34-2013, SEC.2.

Sec. 3. (a) The Indiana office of energy development is established to develop and implement a comprehensive energy policy for the state. (b) The governor shall appoint the director of the office. The director is the chief energy officer of the state and shall report directly to …

Sec. 4. The office shall carry out the duties relating to energy policy that were carried out by the following: (1) The department of commerce (before its abolishment in 2005). (2) The office of the lieutenant governor under IC 4-4-2.4 (before its repeal). As added by P.L.34-2013…

Sec. 5. The office shall administer the following: (1) The alternative fuel fueling station grant program under IC 4-4-32.2. (2) The alternative fuel vehicle grant program for local units under IC 4-4-32.3. (3) The energy development fund under IC 4-23-5.5-10. (4) A low interest …

Sec. 6. The office shall collaborate with the office of the lieutenant governor regarding the following programs: (1) Home energy assistance programs, including the Low Income Home Energy Assistance Block Grant under 42 U.S.C. 8621 et seq. (2) Weatherization programs, including w…

Sec. 7. The office may adopt rules under IC 4-22-2 to carry out its responsibilities under this chapter. As added by P.L.34-2013, SEC.2.

Sec. 8. (a) All powers, duties, liabilities, records, property, appropriations, and employees of the lieutenant governor as of June 30, 2013, that are related to energy or energy development, including the center for coal technology research, are transferred to the office as the …

projects Sec. 9. The office may establish and administer a revolving loan program for the purpose of making low interest loans to projects designed to promote the development and efficient use of energy resources or to promote recycling market development. The interest rates for …

Sec. 1. This chapter applies to a motorsports investment district established under IC 5-1-17.5. As added by P.L.233-2013, SEC.4.

Sec. 10. (a) Before the first business day in October of each year, the department of state revenue shall calculate the income tax incremental amount and the gross retail incremental amount for the preceding calendar year for the district. (b) Businesses operating in the district…

preceding calendar year Sec. 11. Before the first business day in November of each year, the department of state revenue shall determine the sum of the following amounts for the preceding calendar year for the district: (1) The income tax incremental amount. (2) The gross retail …

Sec. 12. The department of state revenue shall annually notify the Indiana finance authority, the commission, the budget agency, and the owner or owners of a qualified motorsports facility of the sum of: (1) the amount determined under section 11 of this chapter; and (2) the amou…

Sec. 2. As used in this chapter, "commission" refers to the Indiana motorsports commission created under IC 5-1-17.5. As added by P.L.233-2013, SEC.4.

Sec. 3. As used in this chapter, "credit" refers to a credit provided to the owner or owners of the qualified motorsports facility for the preceding state fiscal year under section 12 of this chapter. As added by P.L.233-2013, SEC.4.

Sec. 4. As used in this chapter, "district" refers to a motorsports investment district established under IC 5-1-17.5. As added by P.L.233-2013, SEC.4.

Sec. 5. As used in this chapter, "gross retail base period amount" means the aggregate amount of state gross retail and use taxes remitted under IC 6-2.5 by a taxpayer during the full calendar year of 2012 with respect to its operations in a district. As added by P.L.233-2013, SE…

Sec. 6. As used in this chapter, "gross retail incremental amount" means the remainder of: (1) the aggregate amount of state gross retail and use taxes that are remitted under IC 6-2.5 by a taxpayer during a calendar year with respect to its operations in a district; minus (2) th…

Sec. 7. As used in this chapter, "income tax base period amount" means the aggregate amount of state adjusted gross income taxes paid or remitted by or on behalf of a taxpayer during the calendar year of 2012 with respect to income earned or attributable to the taxpayer's activit…

Sec. 8. As used in this chapter, "income tax incremental amount" means the remainder of: (1) the aggregate amount of state adjusted gross income taxes paid or remitted during a calendar year with respect to income earned or attributable to the taxpayer's activities in the distric…

Sec. 9. As used in this chapter, "qualified motorsports facility" has the meaning set forth in IC 5-1-17.5-14. As added by P.L.233-2013, SEC.4.

Sec. 1. As used in this chapter, "affiliate" means any person who directly or indirectly controls, is controlled by, or is under common control of another person. As added by P.L.82-2011, SEC.1.

Sec. 10. (a) A development provider shall report annually to the commission the following: (1) the total dollar amounts of economic development payments; (2) the parties or specified recipients, or both, that receive economic development payments; and (3) any other items related …

recipients Sec. 11. (a) A party that is not the development provider may not be a for-profit person. (b) A specified recipient may not be a for-profit person. (c) A specified recipient who disburses part or all of an economic development payment to an unspecified recipient has a …

Sec. 12. (a) Each nonprofit specified recipient must have a conflict of interest statement that complies with state and federal law, and must provide the commission with a copy of the statement. (b) Each nonprofit specified recipient must provide the commission with a copy of its…

Sec. 13. (a) Any recipient of an economic development payment must deposit the economic development payment into a separate and segregated bank account not later than five (5) days after its receipt. (b) The bank account referenced in subsection (a): (1) must allow expenditures o…

Sec. 14. (a) If all parties to a development agreement agree to modify the development agreement, the parties shall: (1) submit to the commission a written request for modification, which shall be signed by all parties; (2) submit a copy of the development agreement as it would a…

economic development agreement Sec. 15. (a) If the commission has disapproved all or part of a development agreement, the development provider shall request a modification of the development agreement. (b) The development provider shall submit to the commission: (1) a copy of the…

Sec. 16. Upon request of the attorney general, the commission shall make available to the attorney general all filings made under this chapter regarding a development agreement. As added by P.L.82-2011, SEC.1.

government finance Sec. 17. (a) Any political subdivision receiving an economic development payment shall annually report the following information to the department of local government finance: (1) The total amount of economic development payments received in the previous state …

Sec. 2. As used in this chapter, "development agreement" means the written agreement or group of written agreements that: (1) is between a person or a unit of government, and a development provider; and (2) sets forth the financial commitments of a development provider to support…

Sec. 3. As used in this chapter, "development provider" means: (1) a licensed owner; (2) an operating agent; or (3) an affiliate of a licensed owner or an operating agent who makes or may make an economic development payment. As added by P.L.82-2011, SEC.1.

Sec. 4. As used in this chapter, "economic development payment" means monetary disbursement paid under a development agreement that is: (1) received by a unit of government or any other person; and (2) not paid in legitimate exchange for anything of value, including, without limi…

Sec. 5. As used in this chapter, "specified recipient" means a person that is named in a development agreement that: (1) receives an economic development payment from a development provider; and (2) is not a party to the development agreement. As added by P.L.82-2011, SEC.1.…

Sec. 6. As used in this chapter, "unspecified recipient" means a person that is not named in a development agreement that receives a disbursement of money from a specified recipient. As added by P.L.82-2011, SEC.1.

Sec. 7. (a) The commission has continuous jurisdiction over development agreements, including the ability to disapprove part or all of a development agreement if disapproval would ensure: (1) compliance with this article, the rules of the commission, and federal law; (2) the inte…

Sec. 8. All development agreements must contain the following statement: "All parties to this agreement recognize the authority of the Indiana gaming commission over this agreement, including the authority to disapprove all or part of this agreement, to verify and ensure payments…

Sec. 9. A development agreement shall accurately reflect the flow of economic development payments. As added by P.L.82-2011, SEC.1.