Sec. 4. As used in this chapter, “qualified business” means an entity engaged in:

(1) the hospitality industry that is classified in the SIC Manual under:

Terms Used In Indiana Code 5-28-42-4

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • SIC Manual: means the 1987 version of the standard industrial classification manual available (as of December 31, 2020) from the United States Occupational Safety and Health Administration. See Indiana Code 5-28-42-5
(A) Division G, Major Group 58 (Eating and Drinking Places);

(B) Division E, Major Group 47, Industry Group 472 (Arrangement of Passenger Transportation); or

(C) Division I, Major Group 70, Industry Group 701 (Hotels and Motels); or

(2) any other industry that has suffered economic harm as a result of the coronavirus disease (COVID-19) pandemic, as determined by the corporation.

As added by P.L.82-2021, SEC.1.