Title 5, STATE AND LOCAL ADMINISTRATION

Sec. 15. "Covered taxes" refers to any of the following: (1) The state gross retail tax imposed under IC 6-2.5-2-1 or the use tax imposed under IC 6-2.5-3-2. (2) The adjusted gross income tax imposed under IC 6-3-2-1. As added by P.L.189-2018, SEC.25.

Sec. 16. "Developer", for purposes of an economic development project under IC 5-1.2-9, means a person who proposes to enter, or has entered, into a financing agreement with the authority for an economic development project and who has entered into a separate agreement with some …

Sec. 17. "Drinking water program" refers to the drinking water revolving loan program established by IC 5-1.2-10. As added by P.L.189-2018, SEC.25.

Sec. 18. "Drinking water SRF fund" refers to the drinking water revolving loan fund established by IC 5-1.2-10-3. As added by P.L.189-2018, SEC.25.

Sec. 19. "Economic development project", for purposes of IC 5-1.2-9, means projects and undertakings that include: (1) the acquisition of land, site improvements, infrastructure improvements, buildings, or structures, rehabilitation, renovation, and enlargement of buildings and s…

Sec. 2. "Approved assistance", for purposes of the flood control program established under IC 5-1.2-13, means any loan or other financial assistance: (1) that is requested by a participant for an eligible activity; and (2) that the authority makes available to the participant. As…

Sec. 20. "Educational facility", for purposes of an educational facility project under IC 5-1.2-8, means any educational facility property located within Indiana that: (1) is suitable for: (A) the instruction, feeding, recreation, or housing of students; (B) the conduct of resear…

Sec. 21. (a) "Educational facility project" includes the following: (1) As applied to an educational facility project under IC 5-1.2-8, the following: (A) The acquisition, construction, enlarging, remodeling, renovation, improvement, furnishing, or equipping of an educational fac…

Sec. 22. "Educational facility property", for purposes of an educational facility project under IC 5-1.2-8, means any real, personal, or mixed property, or any interest in real property or mixed property, including: (1) any real estate, appurtenances, buildings, easements, equipm…

Sec. 23. "Eligible activity", for purposes of the flood control program established under IC 5-1.2-13 and the water infrastructure grant program established by IC 5-1.2-14.5, includes the following: (1) The removal of obstructions and accumulated debris from channels of streams. …

Sec. 24. "Eligible member", for purposes of an educational facility project under IC 5-1.2-8, means a state educational institution or any nonprofit college or university. As added by P.L.189-2018, SEC.25.

Sec. 25. "Equipment", for purposes of an economic development project under IC 5-1.2-9, means any capital item. As added by P.L.189-2018, SEC.25.

Sec. 26. (a) "Financial assistance agreement", for purposes of the wastewater program and drinking water program established under IC 5-1.2-10, the supplemental program established under IC 5-1.2-11, the Indiana brownfields program established under IC 5-1.2-12, the flood control…

Sec. 27. "Financing agreement", for purposes of an economic development project under IC 5-1.2-9, means an agreement that is entered into between the authority and a developer, user, or lender concerning the financing of, the title to, or possession of an economic development pro…

Sec. 28. "Flood control fund" refers to the flood control fund established by IC 5-1.2-13. As added by P.L.189-2018, SEC.25.

Sec. 29. "Flood control program" refers to the flood control program established by IC 5-1.2-13. As added by P.L.189-2018, SEC.25.

Sec. 3. "Authority" refers to the Indiana finance authority established by this article. As added by P.L.189-2018, SEC.25.

Sec. 30. "Governing board", for purposes of the flood control program established under IC 5-1.2-13, means the legislative body created by law to administer the affairs of the participant. As added by P.L.189-2018, SEC.25.

Sec. 31. "Hazardous substance", for purposes of the Indiana brownfields program established under IC 5-1.2-12, has the meaning set forth in IC 13-11-2-98. As added by P.L.189-2018, SEC.25.

Sec. 32. "Health facility", for purposes of IC 5-1.2-7, means any facility or building that is: (1) owned or used by a participating provider; (2) located: (A) in Indiana; or (B) outside Indiana, if the participating provider that operates the facility or building, or an affiliat…

Sec. 33. "Health facility property", for purposes of IC 5-1.2-7, means any tangible or intangible property or asset owned or used by a participating provider that: (1) is determined by the authority to be necessary or helpful, directly or indirectly, to provide: (A) health care; …

Sec. 34. "IHCDA" refers to the Indiana housing and community development authority created by IC 5-20-1. As added by P.L.189-2018, SEC.25.

Sec. 35. "Indiana brownfields fund" refers to the Indiana brownfields fund established by IC 5-1.2-12-3. As added by P.L.189-2018, SEC.25.

Sec. 36. "Indiana brownfields program" refers to the Indiana brownfields program established by IC 5-1.2-12-2. As added by P.L.189-2018, SEC.25. Amended by P.L.10-2019, SEC.10.

Sec. 37. "Internal Revenue Code" has the meaning set forth in IC 6-3-1-11. As added by P.L.189-2018, SEC.25.

Sec. 38. "ISMEL" refers to the Indiana secondary market for education loans, incorporated, designated by the governor under IC 20-12-21.2-2 (before its repeal) or IC 21-16-5-1. As added by P.L.189-2018, SEC.25.

Sec. 39. "Issuer", for purposes of IC 5-1.2-16, means the authority, IHCDA, ISMEL, a local unit, or any other issuer of bonds that must procure volume under the volume cap. As added by P.L.189-2018, SEC.25.

Sec. 4. "Bond", for purposes of IC 5-1.2-16, means any: (1) bond or mortgage credit certificate for which it is necessary to procure volume under the volume cap under Section 146 of the Internal Revenue Code; or (2) bond or other obligation for which a special volume cap is autho…

Sec. 40. "Liability", for purposes of an educational facility project under IC 5-1.2-8, means legal liability for damages (including costs of defense, legal costs and fees, and other claims for expenses) because of injuries to other persons or entities, damage to the property or …

Sec. 41. "Liability or other loss insurance reserves", for purposes of an educational facility project under IC 5-1.2-8, means a fund or funds set aside as a reserve to cover risk retained by an eligible member in connection with liability claims or other losses. As added by P.L.…

Sec. 42. "Loan contract", for purposes of financing a state facility under IC 5-1.2-5, means a debt instrument other than a revenue bond and includes but is not limited to a note. As added by P.L.189-2018, SEC.25.

Sec. 43. "Local transportation infrastructure program" refers to the local infrastructure program established by IC 5-1.2-15. As added by P.L.189-2018, SEC.25.

Sec. 44. "Local transportation infrastructure project" means a facility to be financed under the local transportation infrastructure program. As added by P.L.189-2018, SEC.25.

Sec. 45. "Local transportation infrastructure revolving fund" refers to the local transportation infrastructure revolving fund established under the local transportation infrastructure program. As added by P.L.189-2018, SEC.25.

Sec. 46. "Local unit", for purposes of IC 5-1.2-16, means a county, city, or town. As added by P.L.189-2018, SEC.25.

Sec. 47. "Mental health facility", for purposes of IC 5-1.2-5, means a building, a structure, or an improvement for the care, maintenance, or treatment of persons with mental or addictive disorders. As added by P.L.189-2018, SEC.25.

Sec. 48. "Mortgage credit certificate" refers to a mortgage credit certificate issued under Section 25 of the Internal Revenue Code. As added by P.L.189-2018, SEC.25.

Sec. 49. "NAICS Manual" refers to the current edition of the North American Industry Classification System Manual - United States published by the National Technical Information Service of the United States Department of Commerce. As added by P.L.189-2018, SEC.25.

Sec. 5. "Bonds" means any bonds, mortgage credit certificates, notes, debentures, interim certificates, revenue anticipation notes, warrants, or other evidence of indebtedness of the authority, and, for purposes of a refunding issue, means the same types of such evidence of indeb…

Sec. 50. "Net revenues", for purposes of financing a health facility and health facility property under IC 5-1.2-7, means the revenues of a hospital remaining after provision for proper and reasonable expenses of operation, repair, replacement, and maintenance of the hospital. As…

Sec. 51. "Nonprofit college or university", for purposes of an educational facility project under IC 5-1.2-8, has the meaning set forth in IC 21-7-13-23(a). As added by P.L.189-2018, SEC.25.

Sec. 52. "Park", for purposes of IC 5-1.2-6, includes any land suitable for public recreational facilities, including all parks, reservoirs, land, and water under the jurisdiction of the department of natural resources. The term does not include park and park facilities of politi…

Sec. 53. "Park project", for purposes of IC 5-1.2-6, includes facilities, renovations, improvements, adjuncts, and appurtenances necessary or proper to the operation of public parks, such as the following: (1) Means of ingress and egress and interior arterial systems. (2) Food an…

Sec. 54. "Participant" means the following: (1) For purposes of the wastewater program established under IC 5-1.2-10: (A) a political subdivision; or (B) any person, entity, association, trust, or other manner of participant allowed by law to enter contractual arrangements for a …

Sec. 55. "Participating provider", for purposes of financing a health facility and health facility property under IC 5-1.2-7, means a person, corporation, municipal corporation, political subdivision, or other entity, public or private, that: (1) is located in Indiana or outside …

Sec. 56. "Person" means an individual, a partnership, a corporation, a limited liability company, an unincorporated association, or a governmental entity. As added by P.L.189-2018, SEC.25.