Section 4-4-32.3-7 - [Repealed Effective 7/1/2024] Office may award grants to units; award amount and limitations(a) Subject to subsections (d) and (e), the office may award a grant under this chapter to a unit that makes a qualified purchase.(b) Subject to subsection (c) and section 9 of this chapter, the amount of a grant that may be awarded under this chapter to a unit equals the amount determined under STEP FOUR of the following formula: STEP ONE: Determine the product of:
(A) two thousand dollars ($2,000); multiplied by(B) the number of alternative fuel vehicles purchased by the unit. STEP TWO: For each alternative fuel conversion kit purchased by the unit, determine the lesser of:
(A) two thousand dollars ($2,000); or(B) the actual cost of the alternative fuel conversion kit. STEP THREE: Determine the sum of all amounts determined under STEP TWO.
STEP FOUR: Add the amounts determined under STEPS ONE and THREE.
(c) In the guidelines adopted by the office under section 8(1) of this chapter, the office may limit the: (1) number of alternative fuel vehicles; or(2) number of alternative fuel conversion kits; for which a unit may receive a grant under this chapter.
(d) A recipient of a grant awarded under this chapter must comply with any guidelines developed by the office in connection with grants awarded under this chapter.(e) The office may not award more than one (1) grant under this chapter to any one (1) unit.Repealed by P.L. 87-2024,SEC. 8, eff. 7/1/2024.As added by P.L. 151-2009, SEC.2.