Sec. 17. The corporation may, under rules established by the department of local government finance and the procedures established by the corporation, award grants from the fund to one (1) or more political subdivisions to reimburse the political subdivisions for ad valorem property taxes allocated to an allocation area as a result of a resolution adopted under IC 36-7-32-15.
As added by P.L.4-2005, SEC.34.
Structure Indiana Code
Title 5. State and Local Administration
Article 28. Indiana Economic Development Corporation
Chapter 10. Technology Development Grant Fund
5-28-10-2. "Political Subdivision"
5-28-10-3. "Redevelopment Commission"
5-28-10-4. "Targeted Employment"
5-28-10-6. "Technology Product"
5-28-10-7. Establishment and Purpose of Fund
5-28-10-8. Appropriations From General Assembly
5-28-10-9. Administration of Fund
5-28-10-10. Investment of Money in Fund
5-28-10-12. Establishment of Grant Application Procedure
5-28-10-13. Qualification for Grant
5-28-10-14. Provision of Grants
5-28-10-15. "Operating Expenditures"; Amount and Use of Grants