Sec. 1. As used in this chapter, “eligible entity” means a qualified business that meets the following requirements: (1) The qualified business had less than one hundred (100) full time employees as of December 31, 2019. (2) The qualified business was established before October 1, 2019. (3) The qualified business is in good standing with […]
Sec. 10. (a) Subject to this section, a grant may be awarded to an eligible entity under this chapter in an amount not to exceed ten thousand dollars ($10,000) for each month during the period described in section 9(a) of this chapter that the eligible entity demonstrates a monthly gross revenue loss of at least […]
Sec. 11. The corporation may change any parameter of the program set forth in sections 1 through 10 of this chapter. Any parameter change that is made by the corporation shall be reviewed by the budget committee at the meeting following the change. As added by P.L.82-2021, SEC.1.
Sec. 12. The corporation may adopt rules under IC 4-22-2 as necessary to implement this chapter. As added by P.L.82-2021, SEC.1.
Sec. 2. As used in this chapter, “fund” means the small business restart grant fund established by section 7 of this chapter. As added by P.L.82-2021, SEC.1.
Sec. 3. As used in this chapter, “program” means the Hoosier hospitality small business restart grant program established by section 6 of this chapter. As added by P.L.82-2021, SEC.1.
Sec. 4. As used in this chapter, “qualified business” means an entity engaged in: (1) the hospitality industry that is classified in the SIC Manual under: (A) Division G, Major Group 58 (Eating and Drinking Places); (B) Division E, Major Group 47, Industry Group 472 (Arrangement of Passenger Transportation); or (C) Division I, Major Group […]
Sec. 5. As used in this chapter, “SIC Manual” means the 1987 version of the standard industrial classification manual available (as of December 31, 2020) from the United States Occupational Safety and Health Administration. As added by P.L.82-2021, SEC.1.
Sec. 6. (a) The Hoosier hospitality small business restart grant program is established to provide grants to eligible entities to accelerate economic recovery from the impacts of the coronavirus disease (COVID-19) pandemic. (b) The corporation shall administer the program. As added by P.L.82-2021, SEC.1.
Sec. 7. (a) The small business restart grant fund is established. The corporation shall administer the fund. (b) The fund shall be used to award grants to eligible entities in accordance with this chapter. (c) The fund consists of: (1) appropriations by the general assembly; (2) money received from any state or federal grants or […]
Sec. 8. (a) The corporation shall establish and implement procedures and guidelines for the application and the awarding of grants under the program. (b) The procedures established under this section for the awarding of grants may give preference to applications submitted by eligible entities that: (1) are engaged in the hospitality industry; and (2) are […]
Sec. 9. (a) Subject to section 10 of this chapter, an eligible entity may apply for a grant under the program for reimbursement of up to: (1) eighty percent (80%) of non-payroll business expenses; and (2) one hundred percent (100%) of payroll expenses; incurred between March 1, 2020, and April 1, 2021. An eligible entity […]
