1. (a) As used in this chapter, "public infrastructure" means any of the following infrastructure that is or will be owned, maintained, or provided by a political subdivision:

   1. (1) A water distribution system.
   2. (2) A water treatment plant.
   3. (3) A wastewater treatment plant.
   4. (4) A sanitary sewer system.
   5. (5) A storm sewer system.
   6. (6) A lift station.
   7. (7) A street, road, or bridge.
   8. (8) A curb, gutter, or sidewalk.
   9. (9) A traffic signal.
   10. (10) A street light.
   11. (11) An electric or gas distribution line.
2. (b) The term includes the purchase of land necessary to accommodate a project listed in this section, including any excavation and compaction.

3. (c) For purposes of subsection (a)(1) through (a)(4), a political subdivision is providing the infrastructure notwithstanding that, after completion of construction, the infrastructure is contributed by the political subdivision to a:

   1. (1) public utility (as defined in IC 8-1-2-1 (a));
   2. (2) municipally owned utility (as defined in IC 8-1-2-1 (h));
   3. (3) not-for-profit utility (as defined in IC 8-1-2-125 (a));
   4. (4) cooperatively owned corporation;
   5. (5) conservancy district established under IC 14-33 ; or
   6. (6) regional water or sewer district established under IC 13-26 .

As added by P.L.204-2023, SEC.5.