Sec. 15.5. (a) “Revenues” means the income, earnings, lease payments, or other service payments relating to the development or operation of a transportation facility or transportation project.

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Terms Used In Indiana Code 5-23-2-15.5

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
     (b) The term includes, but is not limited to, money received as grants or otherwise from the governmental body, the federal government, the state, a public entity, or an agency or instrumentality thereof in aid of the qualifying project.

As added by P.L.57-2022, SEC.6.

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