Indiana Code 5-28-10-16. Matching amounts for capital expenditure grants

Current as of: 2024 | Check for updates | Other versions

Sec. 16. A capital expenditure grant under this chapter shall require that the lesser of:

(1) two million dollars ($2,000,000); or

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(2) fifty percent (50%) of the total capital costs;

of the project being funded by the grant be matched from other sources.

As added by P.L.4-2005, SEC.34.