§ 6-2.5-15-14 — Specific transaction award certificate to make purchases that are exempt; duration of certificate

Note: This version of section effective until 1-1-2026. See also
following version of this section, effective 1-1-2026.
Sec. 14. (a) A qualified data center user that holds
an interest in a qualified data center may apply to the corporation for
a specific transaction award certificate to make purchases, other than
the purchase of utilities described in IC 6-2.5-4-5, that are exempt
under this chapter. The request must be on a form prescribed by the
corporation.
(b) The corporation has exclusive authority over issues related to
issuing a specific transaction award certificate.
(c) If the corporation issues a specific transaction award certificate
under this chapter, the certificate must state that the facility is a
qualified data center.
(d) A specific transaction award certificate issued by the corporation
shall expire not later than:
(A) twenty-five (25) years after the date of issuance; or
(B) fifty (50) years after the date of issuance if the qualified
investment is seven hundred fifty million dollars ($750,000,000)
or greater.

Legislative History

As added by P.L.256-2019, SEC.2.