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DIGEST OF INTRODUCED BILL
High technology infrastructure. Provides that if a statute authorizes the department of commerce or the Indiana development finance authority to provide a grant, loan, or guarantee to a unit of local government or a private entity for infrastructure or capital projects, the grant, loan, or guarantee may also be used by the unit or entity for information and high technology infrastructure. Specifies that money provided for rural development projects, industrial development projects, the investment incentive program, the small business incubator program, the growth investment program, and local economic development organization grants may also be used for information and high technology infrastructure.