Indiana Statutes

§ 5-28-25-5 — Grants; use of grants

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 28 INDIANA ECONOMIC DEVELOPMENT·Ch. 25 Industrial Development Grant Fund
(a)The secretary of commerce, subject to the approval of the governor and budget director, may direct the state comptroller to make an approved grant from the fund to an eligible entity.
(b)The money granted must be used by the recipient to institute and administer an approved industrial development program.

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Legislative History

As added by P.L.4-2005, SEC.34. Amended by P.L.9-2024, SEC.163.

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