Indiana § 5-28-25-5 - Grants; use of grants
Full text of Indiana Indiana Code § 5-28-25-5 — Grants; use of grants, with citation guidance and answers to common questions.
§ 5-28-25-5. Grants; use of grants
Sec. 5. (a) The secretary of commerce, subject to the approval of the governor and budget director, may direct the state comptroller to make an approved grant from the fund to an eligible entity.
(b) The money granted must be used by the recipient to institute and administer an approved industrial development program.
As added by P.L.4-2005, SEC.34. Amended by P.L.9-2024, SEC.163.
IC 5-28-26Chapter 26. Global Commerce Center Pilot Program
5-28-26-0.3Findings relating to certain counties; legislation particular to counties required 5-28-26-1"Base assessed value" 5-28-26-2"District" 5-28-26-3"High technology activity" 5-28-26-4"Hub" 5-28-26-5"Income tax base period amount" 5-28-26-6"Income tax incremental amount" 5-28-26-7"Public facilities" 5-28-26-8"Spoke" 5-28-26-9"Tax increment revenues" 5-28-26-10"Unit" 5-28-26-11Powers of corporation 5-28-26-12Designation of global commerce center 5-28-26-13Addition of spokes to global commerce center 5-28-26-14List of employers in global commerce center 5-28-26-15Deadline for calculation of income tax incremental amount; taxpayer reporting 5-28-26-16Establishment of incremental tax financing fund; deposits; distributions 5-28-26-17Allocation of tax increment revenues to district 5-28-26-18Bonding to provide public facilities in global commerce center 5-28-26-19Establishment of regional economic development fund; permitted uses 5-28-26-20Expiration of global commerce center designation 5-28-26-21Corporation discretion to revoke global commerce center designation
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 5-28-25-5
What does Indiana Code § 5-28-25-5 cover?
Section 5-28-25-5 ("Grants; use of grants") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 5-28-25-5?
A common citation format is "Indiana Code § 5-28-25-5" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 5-28-25-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.