IN SB0157 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 3 2019 - 25% progression, died in committee
Action: 2019-01-03 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 3 2019 - 25% progression, died in committee
Action: 2019-01-03 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Economic development incentive accountability. Renames the annual "economic incentives and compliance report" in current law to the "job creation incentives and compliance report" (report). Adds various job and employee definitions to the Indiana economic development corporation (IEDC) laws. Requires an incentive recipient to submit an annual compliance report on the number of jobs created or retained, employee pay, and various other information concerning the use of the incentives, and requires the IEDC to compile this information and include it in the IEDC's annual report. Provides that information submitted in an annual compliance report and other information maintained by the IEDC must be made available in accordance with the open records law. Repeals and relocates several definitions without change to maintain alphabetical order.
Title
Economic development incentive accountability. Renames the annual "economic incentives and compliance report" in current law to the "job creation incentives and compliance report" (report). Adds various job and employee definitions to the Indiana economic development corporation (IEDC) laws. Requires an incentive recipient to submit an annual compliance report on the number of jobs created or retained, employee pay, and various other information concerning the use of the incentives, and requires the IEDC to compile this information and include it in the IEDC's annual report. Provides that information submitted in an annual compliance report and other information maintained by the IEDC must be made available in accordance with the open records law. Repeals and relocates several definitions without change to maintain alphabetical order.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-03 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
| 2019-01-03 | Senate | Authored by Senator Randolph |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2019/bills/senate/157/details |
| Text | http://iga.in.gov/static-documents/2/d/c/3/2dc314a1/SB0157.01.INTR.pdf |
