"Economic development payment"
Ind. Code § 4-33-23-4
in effectSec. 4. 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/4Fetched: 10/17/2026