Section 860.503 - Process and application(a)Application process.--The department shall establish guidelines for a competitive process for grants under this chapter no more than 90 days after the effective date of this section. The department may not begin accepting applications for at least 60 days from the date the application forms are made publicly available.(b)Review and determination.--In reviewing a grant application and reaching a final determination, the department shall consider all of the following:(1) Whether the project proposed to be funded is authorized under this chapter.(2) The applicant's successful completion of the application, including any additional material or information requested by the department.(3) The goals outlined in the application, including the purchase and installation of new equipment and machinery or integrated systems, the upgrade of existing machinery and equipment or the retrofitting of existing facilities with new or high-demand technologies.(c) Limitations.--Grants awarded under this subsection shall not exceed $2,000,000.Added by P.L. (number not assigned at time of publication) 2024 No. 24,§ 503, eff. 6/13/2024.