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Indiana Statutes, Title 5

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Indiana/Statutes

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Title 5, STATE AND LOCAL ADMINISTRATION

393 chapters · 3,941 sections in this title.

All chapters in Title 53,941 Ch 2, Nonreverting Appropriations379 Ch 1, Bonds and Other Obligations Legalized367 Ch 4, Hospital Bonding Authorities295 Ch 5, Refunding Bonds Generally272 Ch 9, Refunding Bonds of Cities and Towns201 Ch 6, Revenue Bond Refinancing199 Ch 3, Facsimile Signatures on Obligations198 Ch 8, Judgment Funding Bonds of Counties176 Ch 7, Redemption Bonds of Counties and Tow…142 Ch 10, Funding and Refunding Bonds of Townships134 Ch 13, Disposition of Surplus Bond Proceeds100 Ch 11, Procedures for Selling Bonds91 Ch 12, Payment of Bond Premiums90 Ch 15, Fully Registered and Book Entry Obli…89

16 sections·Filtered byTitle 5✕Ch 43✕

Ind. Code § 5-28-43-1 "Development authority"
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Sec. 1. As used in this chapter, "development authority" includes: (1) the northwest Indiana regional development authority established by IC 36-7.5-2-1; (2) a regional development authority established under IC 36-7.6-2-3; (3) a regional development authority established under I…
Ind. Code § 5-28-43-10 Investment of money in the fund
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Sec. 10. The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested. Interest that accrues from these investments shall be deposited in the state general fund. Interes…
Ind. Code § 5-28-43-11 Reversion
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Sec. 11. (a) Money in the fund at the end of a state fiscal year does not revert to the state general fund. (b) Money in the fund is continuously appropriated for the purposes of this chapter. As added by P.L.201-2023, SEC.88.
Ind. Code § 5-28-43-12 Powers of the board
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Sec. 12. The board has the following powers: (1) To accept, analyze, approve, and deny applications under this chapter. (2) To provide assistance to applicants that wish to apply for a grant or loan from the fund. (3) To analyze proposals. (4) To work with experts engaged by the …

Ind. Code § 5-28-43-13 Authorization to form a strategic review committee

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Sec. 13. (a) The board may form a strategic review committee to review applications that are submitted under this chapter. (b) The board may invite employees of state agencies and outside experts to: (1) sit on the strategic review committee; or (2) present analysis or opinions a…

Ind. Code § 5-28-43-14 Required considerations and findings in review of application

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Sec. 14. (a) The board shall consider the following when reviewing applications for a grant or loan from the fund: (1) Recommendations from the board's strategic review committee described in section 13 of this chapter. (2) Which projects have the greatest economic development po…

Ind. Code § 5-28-43-15 Application process

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Sec. 15. (a) An eligible regional economic acceleration and development organization may submit an application to the corporation for a grant or loan from the fund. (b) An application for a grant or loan from the fund must be made on an application form prescribed by the board. (…

Ind. Code § 5-28-43-16 Policy framework for a READI 2.0 program; contents; approval by the board; review by the budget committee

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Sec. 16. (a) Before July 1, 2024, the corporation shall develop a policy that establishes the framework for a READI 2.0 program. (b) The policy developed by the corporation shall include detailed information outlining: (1) the entities that are eligible to submit applications for…

Ind. Code § 5-28-43-2 "Eligible regional economic acceleration and development organization"

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Sec. 2. As used in this chapter, "eligible regional economic acceleration and development organization" means any of the following: (1) A development authority. (2) A qualified nonprofit organization. As added by P.L.201-2023, SEC.88. Amended by P.L.225-2023, SEC.1.

Ind. Code § 5-28-43-3 "Fund"

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Sec. 3. As used in this chapter, "fund" refers to the READI 2.0 fund established by section 7 of this chapter. As added by P.L.201-2023, SEC.88.

Ind. Code § 5-28-43-4 "Qualified nonprofit organization"

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Sec. 4. (a) As used in this chapter, "qualified nonprofit organization" means a private, nonprofit entity formed as a partnership between local units, private sector businesses, or community or philanthropic organizations to develop and implement a regional economic acceleration …

Ind. Code § 5-28-43-5 "READI 2.0"

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Sec. 5. As used in this chapter, "READI 2.0" refers to the regional economic acceleration and development initiative 2.0. As added by P.L.201-2023, SEC.88.

Ind. Code § 5-28-43-6 "Regional economic acceleration and development strategy"

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Sec. 6. As used in this chapter, "regional economic acceleration and development strategy" refers to: (1) a development plan prepared by a development authority under IC 36-7.5-3-4, IC 36-7.6-3-5, or IC 36-7.7-3-4; or (2) a multi-year comprehensive strategic plan developed by an …

Ind. Code § 5-28-43-7 READI 2.0 fund; purposes; use of grants or loans

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Sec. 7. (a) The READI 2.0 fund is established within the state treasury to do the following: (1) Support the corporation's READI 2.0 program. (2) Provide grants or loans to support proposals for economic development and regional economic acceleration and development. (b) Grants o…

Ind. Code § 5-28-43-8 Fund contents

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Sec. 8. The fund consists of: (1) appropriations from the general assembly; (2) grants, gifts, and donations intended for deposit in the fund; (3) interest deposited into the fund under section 10 of this chapter; and (4) loan repayments. As added by P.L.201-2023, SEC.88.…

Ind. Code § 5-28-43-9 Administration of fund

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Sec. 9. The corporation shall administer the fund. The following may be paid from money in the fund: (1) Expenses of administering the fund. (2) Administrative expenses incurred to carry out the purposes of this chapter. As added by P.L.201-2023, SEC.88.