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Sec. 4. As used in this chapter, “economic development payment” means monetary disbursement paid under a development agreement that is:

(1) received by a unit of government or any other person; and

(2) not paid in legitimate exchange for anything of value, including, without limitation:

(A) a lease;

(B) a purchase order; or

(C) a service contract.

As added by P.L.82-2011, SEC.1.