Matching amounts for capital expenditure grants

Ind. Code § 5-28-10-16, under Chapter 10. Technology Development Grant Fund.

Ind. Code § 5-28-10-16

Sec. 16. A capital expenditure grant under this chapter shall require that the lesser of: (1) two million dollars ($2,000,000); or (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.