Ind. Code § 4-33-23-4
"Economic development payment"
As added by P.L.82-2011, SEC.1.
As used in this chapter, "economic development payment" means monetary disbursement paid under a development agreement that is:
- (1) received by a unit of government or any other person; and
(2) not paid in legitimate exchange for anything of value, including, without limitation:
- (A) a lease;
- (B) a purchase order; or
- (C) a service contract.
As added by P.L.82-2011, SEC.1.