Introduced Version






SENATE BILL No. 360

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DIGEST OF INTRODUCED BILL



Citations Affected: IC 15-9-5-8.

Synopsis: E85 fueling station grants. Increases the amount that may be awarded for E85 fueling station grants from $5,000 to $20,000 for all qualified investments made by a person at a single location.

Effective: Upon passage.





Hershman




    January 14, 2008, read first time and referred to Committee on Energy and Environmental Affairs.







Introduced

Second Regular Session 115th General Assembly (2008)


PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
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SENATE BILL No. 360



    A BILL FOR AN ACT to amend the Indiana Code concerning state offices and administration.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: IC 15-9-5-8; (08)IN0360.1.1. -->     SECTION 1. IC 15-9-5-8, AS ADDED BY P.L.182-2007, SECTION 4, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]: Sec. 8. (a) Subject to subsection (b), the state department of agriculture's office of energy and defense development shall determine the amount of each grant awarded under this chapter.
    (b) The amount of a grant awarded under this chapter may not exceed the lesser of the following:
        (1) The amount of the person's qualified investment.
        (2) Five Twenty thousand dollars ($5,000) ($20,000) for all qualified investments made by the person at a single location.
SOURCE: ; (08)IN0360.1.2. -->     SECTION 2. An emergency is declared for this act.