22-4.1-26-7. Maximum grant amount per employee and per employer

IN Code § 22-4.1-26-7 (2019) (N/A)
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Sec. 7. (a) The maximum grant amount provided to an employer for each eligible employee is five thousand dollars ($5,000). However, if the eligible employee is a high school student, the maximum grant amount provided to an employer for the student is the lesser of:

(1) one thousand dollars ($1,000); or

(2) not more than one-third (1/3) of the cost of the student's work based learning course.

(b) The maximum grant amount provided to a particular employer is fifty thousand dollars ($50,000).

As added by P.L.174-2018, SEC.41. Amended by P.L.143-2019, SEC.38.