§ 5-28-14-8 — Reimbursement limitations and amount

Indiana § 5-28-14-8

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 28: INDIANA ECONOMIC DEVELOPMENT
• Ch. 14: Promotion of Trade Shows

Text

(a) Reimbursement for booth rental fees
incurred by a small business concern under section 7 of this chapter for
participation in one (1) trade show or trade mission may not exceed the
lesser of:
(1) five thousand dollars ($5,000); or
(2) the amount determined in subsection (b).
(b) The amount to be used in subsection (a)(2) is the amount
determined under the following STEPS:
STEP ONE: Determine the total booth rental fees incurred by the
small business concern under section 7 of this chapter.
STEP TWO: Subtract from the amount determined in STEP ONE
any amounts received by the small business concern from a trade
show promotion program or trade mission program, other than the
program established by this chapter.
(c) The maximum financial assistance that may be provided to a
small business concern during a state fiscal year may not exceed ten
thousand dollars ($10,000).

Legislative History

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