Indiana Administrative Code
Title 312 - NATURAL RESOURCES COMMISSION
Article 25 - COAL MINING AND RECLAMATION OPERATIONS
Rule 1 - Definitions
Section 1-57 - "Government-financed construction" defined
Current through March 20, 2024
Authority: IC 14-10-2-4; IC 14-34-2-1
Affected: IC 14-34
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.