Sec. 12. (a) An industry collaboration organization may not distribute grants from contributions under this chapter:
(1) for use by a student who is also the recipient of a high value workforce ready credit-bearing grant under IC 21-12-8 for attendance at a training provider in any course for which the grant for attendance from the industry collaboration organization is provided;
(2) for use by a student to enroll in an eligible training program that the industry collaboration organization knows does not qualify under this chapter;
(3) for use to fund an eligible training program of a training provider as defined in section 6(3) of this chapter (career and technical education provider), if the grant money is used by the training provider to replace state funding for the eligible training program for which the grant is made; or
(4) to pay the qualifying educational expenses for students to attend an eligible training program in which the student is entitled to enroll without payment of tuition.
(b) An agreement entered into under section 7(6) of this chapter must prohibit an industry collaboration organization from limiting the availability of grants from contributions to students of only one (1) school or attendance at only one (1) eligible training provider.
As added by P.L.143-2019, SEC.29.