§ 5-28-10-16 — Matching amounts for capital expenditure grants

Indiana § 5-28-10-16

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 28: INDIANA ECONOMIC DEVELOPMENT
• Ch. 10: Technology Development Grant Fund

Text

A capital expenditure grant under this
chapter shall require that the lesser of:
(1) two million dollars ($2,000,000); or
(2) fifty percent (50%) of the total capital costs;
of the project being funded by the grant be matched from other sources.

Legislative History

As added by P.L.4-2005, SEC.34.