1. (a) The council shall develop a program to provide for grants from the state technology advancement and retention account established by IC 4-12-12-1 or contracts to develop a back home in Indiana program. The program must provide a system to track students who have graduated from private and public colleges and universities in Indiana. The program must include a means of periodically contacting these graduates to inform them of job opportunities in Indiana.
2. (b) The council shall work with the colleges and universities in Indiana to develop the tracking system.
3. (c) Grants issued under this section are subject to approval by the budget agency.

As added by P.L.69-2015, SEC.48.