IN SB0521 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 14 2019 - 25% progression
Action: 2019-01-14 - First reading: referred to Committee on Appropriations
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Economic development. Requires the Indiana economic development corporation (corporation) to study and develop recommendations for economic development tools for local communities in distressed areas. Adds the city of Gary as a qualified municipality under the entrepreneur and enterprise district pilot program (program). Provides that the city of Gary may receive a grant of up to $1,000,000 per year under the program. Increases the amount the corporation may allocate from the Indiana twenty-first century research and technology fund to district boards established under the program from $2,000,000 to $3,000,000 per year.

Tracking Information

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Title

Economic development. Requires the Indiana economic development corporation (corporation) to study and develop recommendations for economic development tools for local communities in distressed areas. Adds the city of Gary as a qualified municipality under the entrepreneur and enterprise district pilot program (program). Provides that the city of Gary may receive a grant of up to $1,000,000 per year under the program. Increases the amount the corporation may allocate from the Indiana twenty-first century research and technology fund to district boards established under the program from $2,000,000 to $3,000,000 per year.

Sponsors


History

DateChamberAction
2019-01-14SenateFirst reading: referred to Committee on Appropriations
2019-01-14SenateAuthored by Senator Melton

Indiana State Sources


Bill Comments

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