Terms Used In Indiana Code > Title 6 > Article 2.5 > Chapter 15 - Gross Retail and Use Tax Exemption For Data Center Equipment

• Contract: A legal written agreement that becomes binding when signed.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• corporation: refers to the Indiana economic development corporation established under IC 5-28-3, unless context clearly denotes otherwise. See Indiana Code 6-2.5-15-1
• data center equipment: means computer equipment or software purchased or leased for the processing, storage, retrieval, or communication of data that is preapproved by the corporation. See Indiana Code 6-2.5-15-2
• eligible data center costs: means expenditures made after December 31, 2018, for the development, acquisition, construction, and operation of a facility to be used as a qualified data center, including costs of land, buildings, site improvements, modular data centers, computer data center equipment acquisition and permitting, lease payments, site characterization and assessment, engineering, and design used directly and exclusively in a qualified data center. See Indiana Code 6-2.5-15-3
• entity: means an individual, an estate, a trust, a receiver, a cooperative association, a corporation, a company, a firm, a partnership, a limited liability company, a limited liability partnership, or a joint venture. See Indiana Code 6-2.5-15-4
• facility: means one (1) or more tracts of land in Indiana and any structures and personal property contained on the land for the operation of a data center in either a single location or multiple distributed locations. See Indiana Code 6-2.5-15-5
• interest in a qualified data center: means an entity that is the owner, operator, or qualified colocation tenant in a qualified data center. See Indiana Code 6-2.5-15-6
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• operator: means an entity, other than an owner or a qualified colocation tenant, operating a data center pursuant to a lease or other contract with the owner or a lessor. See Indiana Code 6-2.5-15-7
• Oversight: Committee review of the activities of a Federal agency or program.
• owner: means an entity holding fee title to a facility. See Indiana Code 6-2.5-15-8
• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• Population: has the meaning set forth in Indiana Code 1-1-4-5
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• qualified colocation tenant: means an entity that contracts with the owner or operator of a qualified data center that is certified under this chapter to use or occupy all or part of the data center for a period of two (2) or more years. See Indiana Code 6-2.5-15-9
• qualified data center: means one (1) or more buildings that:

  Indiana Code 6-2.5-15-10

• qualified data center user: means an entity that is using qualified data center equipment. See Indiana Code 6-2.5-15-12
• qualified investment: means , with respect to a qualified data center, the aggregate nonduplicative eligible data center costs expended by any entity with an interest in the qualified data center. See Indiana Code 6-2.5-15-13
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
• Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5