If the part of the qualified energy savings project related to real property improvements is greater than seven hundred fifty thousand dollars ($750,000), the project must be reviewed by the commission for higher education and approved by the governor and the budget director on the recommendation of the budget committee. A qualified energy savings project does not require the prior approval of the general assembly, notwithstanding the source of payment for the project or bonds issued to fund the project.[Pre-2007 Higher Education Recodification Citation: 20-12-5.5-7(d).]As added by P.L.2-2007, SEC.274. Amended by P.L.229-2011, SEC.240.
Indiana Legal Code