Sec. 14. (a) A qualified data center user that holds an interest in a qualified data center may apply to the corporation for a specific transaction award certificate to make purchases, other than the purchase of utilities described in IC 6-2.5-4-5, that are exempt under this chapter. The request must be on a form prescribed by the corporation.
(b) The corporation has exclusive authority over issues related to issuing a specific transaction award certificate.
(c) If the corporation issues a specific transaction award certificate under this chapter, the certificate must state that the facility is a qualified data center.
(d) A specific transaction award certificate issued by the corporation shall expire not later than:
(A) twenty-five (25) years after the date of issuance; or
(B) fifty (50) years after the date of issuance if the qualified investment is seven hundred fifty million dollars ($750,000,000) or greater.
As added by P.L.256-2019, SEC.2.
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