Page 2, between lines 32 and 33, begin a new paragraph and
insert:
"SECTION 5. IC 15-11-11-2, AS ADDED BY SEA
190-2008, SECTION 2, IS AMENDED TO READ AS
FOLLOWS [EFFECTIVE JULY 1, 2008]: Sec. 2. As used in
this chapter, "fueling station" refers to tangible property (other
than a building and its structural components):
(1) consisting of:
(1) (A) a tank;
(2) (B) a pump; and
(3) (C) other components; and
(2) that is used by either:
(A) a person engaged in the business of selling motor
fuel at retail to enable motor fuel to be dispensed
directly into the fuel tank of a customer's motor vehicle;
or
(B) a unit to enable motor fuel to be dispensed
directly into the fuel tank of a motor vehicle owned
or leased by the unit.
SECTION 6. IC 15-11-11-6.5 IS ADDED TO THE
INDIANA CODE AS A NEW SECTION TO READ AS
FOLLOWS [EFFECTIVE JULY 1, 2008]: Sec. 6.5. As used in
this chapter, "unit" means a city, town, county, or
township.
SECTION 7. IC 15-11-11-7, AS ADDED BY SEA
190-2008, SECTION 2, IS AMENDED TO READ AS
FOLLOWS [EFFECTIVE JULY 1, 2008]: Sec. 7. (a) Subject
to subsection (c), the department may award a grant under this
chapter to a person or unit that:
(1) makes a qualified investment; and
(2) places the qualified investment in service;
in Indiana for the dispensing of E85 base fuel into the fuel tanks
of motor vehicles.
(b) A recipient of a grant awarded under this chapter must
comply with any guidelines developed by the department's
department and the office of energy and defense development.
(c) The department may not award more than one (1)
grant under this chapter for a location.
SECTION 8. IC 15-11-11-8, AS ADDED BY SEA
190-2008, SECTION 2, IS AMENDED TO READ AS
FOLLOWS [EFFECTIVE JULY 1, 2008]: Sec. 8. (a) Subject
to subsection (b), the department's department and the office
of energy and defense development shall determine the amount
of each grant awarded under this chapter.
(b) The amount of a grant awarded under this chapter for a
location may not exceed the lesser of the following:
(1) The amount of the person's grant recipient's qualified
investment for the location.
(2) Five Twenty thousand dollars ($5,000) ($20,000). for
all qualified investments made by the person at a single
location.
(c) The amount of a grant awarded under this chapter
for a location may be less than the amount of the grant
recipient's qualified investment for the location.".
Renumber all SECTIONS consecutively.
(Reference is to ESB 360 as reprinted February 19, 2008.)