Sec. 8.5. For purposes of this chapter, a "logistics investment" means an expenditure for one (1) or more of the following purposes:
(1) Making an improvement to real property located in Indiana that is related to constructing a new, or modernizing an existing, transportation or logistical distribution facility.
(2) Improving the transportation of goods on Indiana highways, limited to the following:
(A) Upgrading terminal facilities that serve tractors (as defined in IC 9-13-2-180) and semitrailers (as defined in IC 9-13-2-164).
(B) Improving paved access to terminal facilities.
(C) Adding new maintenance areas.
(D) Purchasing new shop equipment having a useful life of at least five (5) years, such as diagnostic equipment, oil delivery systems, air compressors, and truck lifts.
(3) Improving the transportation of goods by rail, limited to the following:
(A) Upgrading or building mainline, secondary, yard, and spur trackage.
(B) Upgrading or replacing bridges to obtain higher load bearing capability.
(C) Upgrading or replacing grade crossings to increase visibility for motorists, including improvements to roadway surfaces, signage and traffic signals, and signal system upgrades and replacements to meet Federal Railroad Administration Positive Train Control regulations.
(D) Upgrading fueling facilities, including upgrading fueling and sanding locomotives or tanks, pumps, piping, containment areas, track pans, lighting, and security.
(E) Upgrading team track facilities, including railroad owned warehouses, loading docks, and transfer stations for loading and unloading freight.
(F) Upgrading shop facilities, including upgrading structures, inspection pits, drop pits, cranes, employee fall protection, lighting, climate control, and break rooms.
(G) Upgrading or building passing lines or automated switches on a rail line.
(4) Improving the transportation of goods by water, limited to the following:
(A) Upgrading or replacing a permanent waterside dock.
(B) Upgrading or building a new terminal facility that serves waterborne transportation.
(C) Improving paved access to a waterborne terminal facility.
(D) Purchasing new equipment having a useful life of at least five (5) years, including diagnostic equipment, an oil delivery system, an air compressor, or a barge lift.
(5) Improving the transportation of goods by air, limited to the following:
(A) Upgrading or building a new cargo building, apron, hangar, warehouse facility, freight forwarding facility, cross-dock distribution facility, or aircraft maintenance facility.
(B) Improving paved access to a terminal or cargo facility.
(C) Upgrading a fueling facility.
(6) Improving warehousing and logistical capabilities, limited to the following:
(A) Upgrading warehousing facilities, including upgrading loading dock doors and loading dock plates, fueling equipment, fueling installations, or dolly drop pads for trailers.
(B) Improving logistical distribution by purchasing new equipment, limited to the following:
(i) Picking modules (systems of racks, conveyors, and controllers).
(ii) Racking equipment.
(iii) Warehouse management systems, including scanning or coding equipment.
(iv) Security equipment.
(v) Temperature control and monitoring equipment.
(vi) Dock levelers and pallet levelers and inverters.
(vii) Conveyors and related controllers, scales, and like equipment.
(viii) Packaging equipment.
(ix) Moving, separating, sorting, and picking equipment.
A logistics investment does not include an expenditure for maintenance expenses.
As added by P.L.288-2013, SEC.52. Amended by P.L.250-2015, SEC.31.