1. (a) There is established in the state treasury the performing arts grants special fund, to be administered by the foundation. The revenues of the special fund shall consist of:

   1. (1) Appropriations made by the legislature;
   2. (2) Revenues or moneys derived from the foundation's operations;
   3. (3) Grants, gifts, and donations received by the foundation; and

   4. (4) All interest earned on moneys deposited in the fund.

      The special fund shall be used for the coordination, planning, promotion, marketing, and execution of performing arts events.

2. (b) The foundation shall oversee and administer grants for the coordination, planning, promotion, marketing, and execution of performing arts events. Applications for grants shall be made to the foundation and contain any information as the foundation shall require. At minimum, the applicant shall provide:

   1. (1) The name of the requesting organization and individual;
   2. (2) The purpose of the grant;
   3. (3) The service to be supported by the grant;
   4. (4) The target group to be benefited;
   5. (5) The costs of the grant; and
   6. (6) Acknowledgment the grant will be used for activities that are consistent with the purposes of this chapter.

3. (c) Grants shall only be awarded if:

   1. (1) The applicant has applied for or received all applicable licenses and permits required to conduct the work for which a grant is awarded;
   2. (2) The applicant agrees to comply with applicable federal, state, and county laws;
   3. (3) All activities and improvements undertaken with funds received shall comply with all applicable federal, state, and county statutes and ordinances, including applicable building codes and agency rules; and

   4. (4) The applicant will indemnify and hold harmless the foundation, the State, and its officers, agents, and employees from and against any and all claims arising out of or resulting from activities carried out or projects undertaken with funds provided hereunder.

      Every grant shall be monitored by the foundation to ensure compliance with this chapter and the purposes and intent of the grant and shall be evaluated annually to determine whether the grant attained the intended results in the manner contemplated.

[L 2025, c 131, pt of §2]