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IN HB1038

Bill

Status

Introduced

1/5/2011

Primary Sponsor

Scott Reske

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Expands the funding sources for Indiana's industrial development fund to include gifts, grants, and donations from any source, in addition to existing legislative appropriations and loan repayments

  • Effective date of July 1, 2011

  • The industrial development fund provides loans to qualified entities, small business investment companies, and minority enterprise small business investment companies

  • Fund is jointly administered by the Indiana Economic Development Corporation and the state board of finance

Legislative Description

Industrial development fund.

Last Action

First reading: referred to Committee on Commerce, Small Business and Economic Development

1/5/2011

Full Bill Text

No bill text available