(a) The READI 2.0 fund is established within the state treasury to do the following:
- (1) Support the corporation's READI 2.0 program.
- (2) Provide grants or loans to support proposals for economic development and regional economic acceleration and development.
- (b) Grants or loans awarded from the fund may only be used by an eligible regional economic acceleration and development organization for capital projects or infrastructure improvements.
As added by P.L.201-2023, SEC.88.