Indiana Statutes
§ 5-28-24-3 — Award of grants and loans to counties and municipalities; criteria
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 28 INDIANA ECONOMIC DEVELOPMENT·Ch. 24 Investment Incentive Program
(a)The corporation shall adopt policies and
guidelines to establish the criteria for awarding grants and loans to
counties and municipalities.
(b)The criteria for awarding the grants and loans must include the:
(1)economic need of the county or municipality;
(2)impact of the new or expanding business on employment and
output in the county or municipality;
(3)importance of state participation to the investment decision;
(4)impact of state assistance to job production in the county or
municipality; and
(5)extent of other public and private participation.
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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Repealed§ 5-1-10-1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