Terms Used In Indiana Code > Title 36 > Article 7 > Chapter 31.3 - Professional Sports Development Area

• budget agency: means the budget agency established by IC 4-12-1. See Indiana Code 36-7-31.3-2
• budget committee: has the meaning set forth in IC 4-12-1-3. See Indiana Code 36-7-31.3-3
• 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.
• covered taxes: means the part of the following taxes attributable to the operation of a facility designated as part of a tax area under section 8 of this chapter:

  Indiana Code 36-7-31.3-4

• department: refers to the department of state revenue. See Indiana Code 36-7-31.3-5
• designating body: means a:

  Indiana Code 36-7-31.3-5.5

• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• 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}
• Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
• 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
• tax area: means a geographic area established as a professional sports and convention development area under section 10 of this chapter. See Indiana Code 36-7-31.3-6
• taxpayer: means a person that is liable for a covered tax. See Indiana Code 36-7-31.3-7
• Venue: The geographical location in which a case is tried.
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5