Sec. 16. The corporation may study and develop recommendations for economic development tools for local communities in distressed areas, particularly within the city of Elkhart, the city of Gary, and the city of Indianapolis, where:
(1) the unemployment rate within the local community is greater than the state unemployment rate; or
(2) twenty percent (20%) or more of individuals residing in the local community have a household income that is equal to or less than the federal poverty level as determined by the federal Office of Management and Budget.
As added by P.L.238-2017, SEC.1.
Structure Indiana Code
Title 5. State and Local Administration
Article 28. Indiana Economic Development Corporation
5-28-5-1. Economic Development Functions
5-28-5-2. Grant of Necessary and Appropriate Powers
5-28-5-3. Employees and Agents; Contracts
5-28-5-4. Terms of Employment; Retirement Fund and Employee Benefits
5-28-5-6.5. Small Business Division
5-28-5-7. Contract, Tort, and Civil Rights Claims
5-28-5-8. Adoption of Rules; Emergency Rules
5-28-5-9. Public Meetings and Public Records Laws
5-28-5-10. Reimbursement of Employee Expenses
5-28-5-11. Request for Appropriations
5-28-5-13. Nonprofit Subsidiary Corporation
5-28-5-15. Powers in the Event of Default
5-28-5-16. Recommendations; Economic Development Tools; Local Communities in Distressed Areas