As used in this chapter, "industrial development project" includes the acquisition of land, interests in land, site improvements, infrastructure improvements (including information and high technology infrastructure (as defined in IC 5-28-9-4 )), buildings, or structures, rehabilitation, renovation, and enlargement of buildings and structures, machinery, equipment, furnishings, or facilities (or any combination of these), comprising or being functionally related and subordinate to any of the following:
- (1) A manufacturing enterprise.
(2) A business service enterprise involved in:
- (A) computer and data processing services; or
- (B) commercial testing services.
- (3) A business enterprise the primary purpose of which is the operation of an education and permanent marketing center for manufacturers and distributors of robotic and flexible automation equipment.
- (4) Any other business enterprise, if the use of the guaranty program creates a reasonable probability that the effect on Indiana employment will be creation or retention of at least fifty (50) jobs.
(5) An agricultural enterprise in which:
- (A) the enterprise operates under a producer or growout agreement; and
- (B) the output of the enterprise is processed predominantly in Indiana.
- (6) A business enterprise that is required by a state, federal, or local regulatory agency to make capital expenditures to remedy a violation of a state or federal law or a local ordinance.
- (7) A recycling market development project.
- (8) A high growth company with high skilled jobs.
As added by P.L.162-2007, SEC.25. Amended by P.L.177-2018, SEC.8; P.L.189-2018, SEC.50; P.L.215-2018(ss), SEC.2.