{"data":{"id":"us-in/ic-5-28-26-19","jurisdiction":"us-in","citation":"IC 5-28-26-19","heading":"Establishment of regional economic development fund; permitted uses","body":"Sec. 19. (a) The district shall establish a regional economic development fund.\n(b) The fund consists of:\n(1) revenues received under section 16 of this chapter;\n(2) property taxes allocated to the district under section 17 of this chapter; and\n(3) any other funds made available to the district for the purposes of economic development within a global commerce center.\n(c) Money in the fund may be used to:\n(1) provide rent subsidies to businesses locating in the global commerce center; and\n(2) maintain, improve, and expand economic development projects located in a global commerce center and the surrounding communities.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 28. INDIANA ECONOMIC DEVELOPMENT CORPORATION","Chapter 26. Global Commerce Center Pilot Program"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-28-26-19","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"3caab041b6bb582dba75956d07a0c600f1d4e101c906286b8750067bee7fe832","source_id":"us-in","stale":false,"prev":"us-in/ic-5-28-26-18","next":"us-in/ic-5-28-26-20"},"notice":"GroundRules: Original legal text. Not legal advice."}