Sec. 8. (a) A
taxpayer that proposes to make qualified investments on a
mine reclamation site as provided under this chapter may apply to the
corporation to enter into an agreement for a tax credit under this chapter.
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Terms Used In Indiana Code 6-3.1-37.2-8
- 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 by IC 5-28-3 unless the context clearly denotes otherwise. See Indiana Code 6-3.1-37.2-1
- mine reclamation site: means land that has been mined using surface mining methods or underground mining methods, specifically and primarily for the removal of coal, and land contiguous to such previously mined land. See Indiana Code 6-3.1-37.2-2
- taxpayer: means any person, corporation, limited liability company, partnership, or other entity that has any state tax liability and that is the owner or developer of a mine reclamation site. See Indiana Code 6-3.1-37.2-5
As added by P.L.214-2023, SEC.2.
