IN HB1374 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 17 2017 - 25% progression, died in committee
Action: 2017-01-17 - First reading: referred to Committee on Commerce, Small Business and Economic Development
Pending: House Commerce, Small Business and Economic Development Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 17 2017 - 25% progression, died in committee
Action: 2017-01-17 - First reading: referred to Committee on Commerce, Small Business and Economic Development
Pending: House Commerce, Small Business and Economic Development Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Economic development incentives. Requires the Indiana economic development corporation (IEDC) to recapture incentives from a recipient that: (1) makes a lower level of capital investment; (2) employs fewer individuals; or (3) pays less in wages; than specified in an incentive agreement. Requires employers with at least 100 employees to give 90 days written notice to affected employees before plant closings and mass layoffs that occur after June 30, 2017.
Title
Economic development incentives. Requires the Indiana economic development corporation (IEDC) to recapture incentives from a recipient that: (1) makes a lower level of capital investment; (2) employs fewer individuals; or (3) pays less in wages; than specified in an incentive agreement. Requires employers with at least 100 employees to give 90 days written notice to affected employees before plant closings and mass layoffs that occur after June 30, 2017.
Sponsors
| Rep. Justin Moed [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-17 | House | First reading: referred to Committee on Commerce, Small Business and Economic Development |
| 2017-01-17 | House | Authored by Representative Moed |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2017/bills/house/1374/details |
| Text | http://iga.in.gov/static-documents/6/f/1/2/6f120c2b/HB1374.01.INTR.pdf |
