"State financial assistance" defined
Sec. 3.5. As used in this chapter, "state financial assistance"
means money received by a taxpayer:
(1) as a direct loan:
(A) under a state program; or
(B) of:
(i) loan proceeds; or
(ii) grant proceeds;
received by a political subdivision under a state program; or
(2) as a grant:
(A) under a state program; or
(B) of:
(i) loan proceeds; or
(ii) grant proceeds;
received by a political subdivision under a state program.
As added by P.L.245-2003, SEC.28.
Last modified: May 28, 2006