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

Universal Citation: 312 IN Admin Code 1-57

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.

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