Indiana Senate Bill 431 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 12 2017 - 25% progression, died in committee
Action: 2017-01-12 - First reading: referred to Committee on Commerce and Technology
Pending: Senate Commerce & Technology Committee
Text: Latest bill text (Introduced) [PDF]

Economic development incentive accountability. Adds various job and employee definitions to the Indiana economic development corporation (IEDC) laws. Requires that all records related to taxpayer funded economic development incentives must be disclosed under the open records law. Requires that the IEDC's annual job creation incentives and compliance report must be published on the Indiana transparency portal Internet web site. Requires the IEDC and the department of state revenue to compile information on all job creation incentives granted, including the total amount of uncollected or diverted state tax revenues resulting from each incentive, and requires that this information must be included

Economic development incentive accountability. Adds various job and employee definitions to the Indiana economic development corporation (IEDC) laws. Requires that all records related to taxpayer funded economic development incentives must be disclosed under the open records law. Requires that the IEDC's annual job creation incentives and compliance report must be published on the Indiana transparency portal Internet web site. Requires the IEDC and the department of state revenue to compile information on all job creation incentives granted, including the total amount of uncollected or diverted state tax revenues resulting from each incentive, and requires that this information must be included

Sen. Frank Mrvan [D]

Date	Chamber	Action
2017-01-12	Senate	First reading: referred to Committee on Commerce and Technology
2017-01-12	Senate	Authored by Senator Mrvan

Type	Source
Summary	https://iga.in.gov/legislative/2017/bills/senate/431/details
Text	http://iga.in.gov/static-documents/f/3/0/9/f309010a/SB0431.01.INTR.pdf