Indiana Statutes
§ 5-28-10-16 — Matching amounts for capital expenditure grants
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 28 INDIANA ECONOMIC DEVELOPMENT·Ch. 10 Technology Development Grant Fund
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.
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Legislative History
As added by P.L.4-2005, SEC.34.
Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" defined