Title 8, UTILITIES AND TRANSPORTATION

Sec. 8. The airport development zone created by the commission under this chapter is a special taxing district authorized by the general assembly to enable the eligible entity to provide special benefits to taxpayers in the airport development zone by promoting economic developme…

Sec. 9. (a) As used in this section, "base assessed value" means, subject to subsection (k): (1) the net assessed value of all the tangible property as finally determined for the assessment date immediately preceding the effective date of the allocation provision of the commissio…

Sec. 9.3. (a) Notwithstanding any other law, if the Indiana economic development corporation subsequently designates territory that is located in an existing allocation area under this chapter as an innovation development district under IC 36-7-32.5, the allocation area may not b…

Sec. 9.5. (a) This section applies to a commission located in a county described in section 1(5) of this chapter. (b) The commission may amend a resolution adopted before January 1, 2006, under section 5 of this chapter to include a provision with respect to the allocation and di…

waiver of review of an assessment of property taxes; agreement to pay taxes for portion of outstanding bonds Sec. 9.8. (a) A commission may enter into a written agreement with a taxpayer who owns, or is otherwise obligated to pay property taxes on, tangible property that is or wi…

Sec. 1. The authority or the department, or both, may issue a request for information for any of the following purposes: (1) To consider the factors involved in, the feasibility of, or the potential consequences of a contemplated project. (2) To prepare a request for proposals. (…

Sec. 2. Notice of a request for information shall be given in accordance with IC 5-3-1. As added by P.L.217-2017, SEC.71.

Sec. 3. A response to a request for information is confidential unless, and only to the extent that, the person who submits the response waives confidentiality in writing. The identity of the person submitting the response is a public record. As added by P.L.217-2017, SEC.71.

Sec. 4. An issuer of a request for information is not required to take any action after receiving a response to a request for information. As added by P.L.217-2017, SEC.71.

Sec. 1. The authority or the department, or both, may issue a request for information for any of the following purposes: (1) To consider the factors involved in, the feasibility of, or the potential consequences of a contemplated project. (2) To prepare a request for proposals. (…

Sec. 2. Notice of a request for information shall be given in accordance with IC 5-3-1. As added by P.L.217-2017, SEC.73.

Sec. 3. A response to a request for information is confidential unless, and only to the extent that, the person who submits the response waives confidentiality in writing. The identity of the person submitting the response is a public record. As added by P.L.217-2017, SEC.73.

Sec. 4. An issuer of a request for information is not required to take any action after receiving a response to a request for information. As added by P.L.217-2017, SEC.73.

Sec. 1. The definitions in IC 8-22-3.5 apply throughout this chapter. As added by P.L.108-1993, SEC.10.

Sec. 2. As used in this chapter, "airport project" means: (1) any property or project that could be financed with the proceeds of bonds issued under IC 8-22-3; or (2) any qualified airport development project. As added by P.L.108-1993, SEC.10.

Sec. 3. (a) An authority that is located in a: (1) city having a population of more than sixty-nine thousand (69,000) and less than sixty-nine thousand five hundred (69,500); (2) county having a population of more than one hundred thousand (100,000) and less than one hundred ten …

Sec. 4. Any of the following persons may lease a project to an authority under this chapter: (1) A not-for-profit corporation organized under Indiana law or admitted to do business in Indiana. (2) An airport development authority established under IC 8-22-3.7. As added by P.L.108…

Sec. 1. As used in this chapter, "base year" means the calendar year ending December 31, 2010. As added by P.L.150-2011, SEC.16.

Sec. 10. (a) Subject to subsection (d), the commission shall adopt rules under IC 4-22-2 to establish the Indiana voluntary clean energy portfolio standard program. The program established under this section must be a voluntary program that provides incentives to participating el…

Sec. 11. (a) An electricity supplier that seeks to participate in the program established by the commission under section 10 of this chapter must apply to the commission: (1) in the manner and on a form prescribed by the commission; and (2) not later than a date specified by the …

Sec. 12. (a) Subject to subsection (c), to qualify for the financial incentives set forth in section 13 of this chapter, a participating electricity supplier must obtain clean energy to meet the energy requirements of the participating electricity supplier's Indiana retail electr…

Sec. 13. (a) The commission may establish a shareholder incentive consisting of the authorization of an increased overall rate of return on equity, not to exceed fifty (50) basis points over a participating electricity supplier's authorized rate of return, whenever the participat…

Sec. 2. As used in this chapter, "clean energy" means electricity that is produced from a clean energy resource. As added by P.L.150-2011, SEC.16.

Sec. 3. As used in this chapter, "clean energy credit", or "CEC", means an interest that: (1) represents one (1) megawatt hour of clean energy that satisfies the condition set forth in section 12(c)(2) of this chapter; (2) is quantifiable and transferrable; and (3) is possessed b…

Sec. 4. (a) As used in this chapter, "clean energy resource" means any of the following sources, clean sources, alternative technologies, or programs used in connection with the production or conservation of electricity: (1) Energy from wind. (2) Solar energy. (3) Photovoltaic ce…

Sec. 5. As used in this chapter, "clean portfolio standard goal", or "CPS goal", refers to a goal set forth in section 12(a) of this chapter that a participating electricity supplier must achieve during a specified period during the program to qualify for one (1) or more of the f…

Sec. 6. (a) As used in this chapter, "electricity supplier" means a public utility (as defined in IC 8-1-2-1) that furnishes retail electric service to customers in Indiana on January 1, 2011. (b) The term does not include a utility that is: (1) a municipally owned utility (as de…

Sec. 7. As used in this chapter, "participating electricity supplier" refers to an electricity supplier that has been approved by the commission under section 11 of this chapter to participate in the program. As added by P.L.150-2011, SEC.16.

Sec. 8. As used in this chapter, "program" refers to the Indiana voluntary clean energy portfolio standard program established by the commission under section 10 of this chapter. As added by P.L.150-2011, SEC.16.

Sec. 9. As used in this chapter, "regional transmission organization", with respect to an electricity supplier, refers to the regional transmission organization approved by the Federal Energy Regulatory Commission for the control area that includes the electricity supplier's assi…

Sec. 1. As used in this chapter, "airport project" has the meaning set forth in IC 8-22-3.6-2. As added by P.L.108-1993, SEC.11.

Sec. 10. (a) The development authority may also: (1) finance, improve, construct, reconstruct, renovate, purchase, lease, acquire, and equip airport projects; (2) lease those airport projects to the authority; (3) sue, be sued, plead, and be impleaded, but all actions against the…

Sec. 11. (a) Bonds issued under IC 8-22-3 may be refunded as provided in this section. (b) The authority may lease all or a portion of an airport project to the development authority, which may be at a nominal lease rental with a lease back to the authority, conditioned upon the …

Sec. 12. (a) Before a lease may be entered into, the authority must find that the lease rental provided for is fair and reasonable. (b) A lease of an airport project from the development authority to the authority: (1) must comply with IC 8-22-3.6; (2) may not require payment of …

Sec. 13. This chapter and IC 8-22-3.6 contain full and complete authority for leases between the development authority and the authority. No law, procedure, proceedings, publications, notices, consents, approvals, orders, or acts by the board, authority or the eligible entity or …

project Sec. 14. If the lease provides for an airport project or improvements to an airport project to be constructed by the development authority, the plans and specifications shall be submitted to and approved by the authority. As added by P.L.108-1993, SEC.11.

Sec. 15. The development authority and the authority may enter into common wall (party wall) agreements or other agreements concerning easements or licenses. These agreements shall be recorded with the recorder of the county. As added by P.L.108-1993, SEC.11.

Sec. 16. (a) The authority may lease for a nominal lease rental or sell to the development authority one (1) or more airport projects or portions of airport projects or land upon which an airport project is located or is to be constructed. (b) Any lease of all or a portion of an …

Sec. 17. (a) The development authority may issue bonds for the purpose of obtaining money to pay the cost of: (1) acquiring property; (2) constructing, improving, reconstructing, or renovating one (1) or more airport projects; or (3) funding or refunding bonds issued under this c…

Sec. 18. (a) This chapter contains full and complete authority for the issuance of bonds. No law, procedure, proceedings, publications, notices, consents, approvals, orders, or acts by the board of any other officer, department, agency, or instrumentality of the state or of any p…

Sec. 19. (a) The development authority may secure bonds issued under this chapter by a trust indenture between the development authority and a corporate trustee, which may be any trust company or national or state bank within Indiana that has trust powers. (b) The trust indenture…

Sec. 2. As used in this chapter, "bonds" means bonds, notes, or other evidences of indebtedness issued by the development authority. As added by P.L.108-1993, SEC.11.

Sec. 20. If the authority exercises its option to purchase leased property, it may issue its bonds authorized by statute. As added by P.L.108-1993, SEC.11.

Sec. 21. (a) All: (1) property owned by the development authority; (2) revenues of the development authority; and (3) bonds issued by the development authority, the interest on the bonds, the proceeds received by a holder from the sale of bonds to the extent of the holder's cost …

Sec. 22. Any action to contest the validity of bonds to be issued under this chapter may not be brought after: (1) fifteen (15) days following the receipt of bids for the bonds, if the bonds are sold at public sale; or (2) the time limitations set forth in IC 5-1-14-13. As added …

Sec. 23. The general assembly covenants that it will not: (1) repeal or amend this chapter, IC 8-22-3.5, or IC 8-22-3.6 in a manner that would adversely affect owners of outstanding bonds, or payment of any lease rentals, secured by the revenues pledged under this chapter, IC 8-2…