Section 85-1-614 - Limits on grants from natural resources projects state special revenue account(1) The maximum grant awarded to a private person may not exceed the lesser of: (a) 5% of the estimated total funds potentially available in the natural resources projects state special revenue account established in 15-38-302 for public and private grants in the biennium in which the grant will be made; or(b) 50% of the total project cost.(2) This part does not limit the amount of grant funds that may be appropriated by the legislature to fund a state or local government project.Amended by Laws 2017, Ch. 341,Sec. 3, eff. 10/1/2017.En. Sec. 15, Ch. 505, L. 1981; amd. Sec. 40, Ch. 298, L. 1983; amd. Sec. 21, Ch. 478, L. 1993; amd. Sec. 19, Ch. 432, L. 2007.