Effective 1-1-2023.

1. (1) public-private agreement executed in accordance with IC 5-23-8-1 (a); or
2. (2) development agreement executed in accordance with IC 5-23-8-1 (b).
3. (b) The exemption described in subsection (a) shall not apply to the extent that the applicable public-private agreement or development agreement is entered into before January 1, 2023.

Sec. 56. (a) Transactions involving tangible personal property are exempt from the state gross retail tax if the person acquiring the property acquires it for incorporation into a transportation facility (as defined in IC 5-23-2-17 ) under a:

As added by P.L.57-2022, SEC.11.