Indiana § 8-21-11-5 - Program to foster airport development; components; rules
Full text of Indiana Indiana Code § 8-21-11-5 — Program to foster airport development; components; rules, with citation guidance and answers to common questions.
§ 8-21-11-5. Program to foster airport development; components; rules
Sec. 5. (a) The department shall adopt rules under IC 4-22-2 to establish a program to foster airport development in Indiana with special emphasis on improvement of airports as an economic development tool. The program must include the following components:
(1) State grants to airports from the grant fund to match federal Aviation Trust Fund grants.
(2) State grants to airports from the grant fund for airport development projects for which federal grants are not available.
(3) Loans to airports from the loan fund for airport development projects.
(b) The rules must establish the following for both grants and loans:
(1) Standards of eligibility.
(2) The maximum amount of money for which any one (1) airport or airport development project is eligible.
(3) Application procedures.
(4) The local matching funds that are required.
(5) In determining the amount of the match for a state grant for which federal grants are not available as described in subsection (a)(2), the department shall:
(A) consider the airport classification and the type of project; and
(B) require matching funds of at least twenty-five percent (25%).
(6) Other provisions to administer the grant and loan programs.
As added by P.L.34-1990, SEC.2. Amended by P.L.123-2023, SEC.1.
Frequently Asked Questions About Indiana § 8-21-11-5
What does Indiana Code § 8-21-11-5 cover?
Section 8-21-11-5 ("Program to foster airport development; components; rules") 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 § 8-21-11-5?
A common citation format is "Indiana Code § 8-21-11-5" (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 § 8-21-11-5 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.