Effective 1-1-2020.

1. (1) land on which a vacant building or complex of buildings was placed in service at least fifteen (15) years before the date on which the application is filed with the corporation under this chapter;

2. (2) land on which a vacant building or complex of buildings:

   1. (A) was placed in service at least fifteen (15) years before the date on which the demolition of the vacant building or complex of buildings was completed; and
   2. (B) that was demolished in an effort to protect the health, safety, and welfare of the community;

3. (3) land on which a vacant building or complex of buildings:

   1. (A) was placed in service at least fifteen (15) years before the date on which the demolition of the vacant building or complex of buildings was completed;
   2. (B) was placed in service as a public building;
   3. (C) was owned by a unit of local government; and
   4. (D) has not been redeveloped since the building was taken out of service as a public building;
4. (4) vacant land; or

5. (5) brownfields consisting of more than fifty (50) acres.

   For a complex of buildings to be considered a qualified redevelopment site under subdivision (1), (2) or (3), the buildings must have been located on a single parcel or contiguous parcels of land that were under common ownership at the time the site was placed in service.

Sec. 6. As used in this chapter, "qualified redevelopment site" means:

As added by P.L.158-2019, SEC.29.