Indiana § 8-22-3.5-3 "Qualified airport development project"; use or expansion by successor
tenant

Indiana Statutes

§ 8-22-3.5-3 — "Qualified airport development project"; use or expansion by successor tenant

Indiana § 8-22-3.5-3

Art. 22AIRPORTS

Ch. 3.5Airport Development Zones

This text of Indiana § 8-22-3.5-3 ("Qualified airport development project"; use or expansion by successor tenant) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 8-22-3.5-3 (2026).

Text

(a)As used in this chapter, "qualified airport development project" means an airport development project that has a cost of the project (as defined in IC 5-1.2-2) greater than:

(1)five hundred million dollars ($500,000,000), if the project is to be located in a county having a consolidated city; or

(2)two hundred fifty thousand dollars ($250,000), if the project is to be located in:

(A)a city described in section 1(2) or 1(7) of this chapter; or

(B)in a county described in section 1(3), 1(4), 1(5), or 1(6) of this chapter. Except as provided by subsection (b), the term includes any portion or expansion of the original qualified airport development project used by one (1) or more successor tenants.

(b)For purposes of section 9 of this chapter, the definition of "qualified airport deve

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(a) As used in this chapter, "qualified airport
development project" means an airport development project that has a
cost of the project (as defined in IC 5-1.2-2) greater than:
(1) five hundred million dollars ($500,000,000), if the project is
to be located in a county having a consolidated city; or
(2) two hundred fifty thousand dollars ($250,000), if the project
is to be located in:
(A) a city described in section 1(2) or 1(7) of this chapter; or
(B) in a county described in section 1(3), 1(4), 1(5), or 1(6) of
this chapter.
Except as provided by subsection (b), the term includes any portion or
expansion of the original qualified airport development project used by
one (1) or more successor tenants.
(b) For purposes of section 9 of this chapter, the definition of
"qualified airport development project" does not include any portion of,
or expansion of, the original qualified airport development project used
by a successor tenant unless the commission adopts a resolution to
amend the definition to include that portion or expansion.

Legislative History

As added by P.L.86-1991, SEC.1. Amended by P.L.108-1993, SEC.5; P.L.115-1995, SEC.6; P.L.85-1996, SEC.4; P.L.91-1997, SEC.6; P.L.224-2003, SEC.267; P.L.124-2006, SEC.4; P.L.182-2009(ss), SEC.274; P.L.189-2018, SEC.102.