Sec. 2. The corporation shall establish policies to carry out an investment incentive program. The purpose of the program is to provide grants and loans to counties and municipalities that will, in turn, be loaned to certain new or expanding businesses for construction or for the purchase of real or personal property.
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 24. Investment Incentive Program
5-28-24-2. Establishment by Corporation; Purpose
5-28-24-3. Award of Grants and Loans to Counties and Municipalities; Criteria
5-28-24-5. Powers of Corporation
5-28-24-6. Use of Repayment Proceeds; Corporation Approval
5-28-24-7. Grants From State Appropriated Funds
5-28-24-9. Establishment and Purpose of Investment Incentive Fund; Administration