312 IAC 25-1-57 "Government-financed construction" defined

Sec. 57. "Government-financed construction" means construction funded at fifty percent (50%) or more by funds appropriated from a government financing agency's budget or obtained from general revenue bonds. Government financing at less than fifty percent (50%) may qualify if the construction is undertaken as an approved reclamation project under Title IV of the Federal Surface Mining Control and Reclamation Act of 1977 (30 U.S.C. 1201 through 30 U.S.C. 1328) and IC 14-34-19. Construction funded through: (1) a government financing agency guarantee; (2) insurance; (3) a loan; (4) funds obtained through industrial revenue bonds or their equivalent; or (5) an in-kind payment; does not qualify as government-financed construction.