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 wholly owned by Indiana residents.
As added by P.L.82-2021, SEC.1.