Bill Text: IN SB0237 | 2010 | Regular Session | Amended
Bill Title: Interim study committee on economic development.
Spectrum: Slight Partisan Bill (Democrat 11-4)
Status: (Engrossed - Dead) 2010-02-08 - First reading: referred to Committee on Rules and Legislative Procedures [SB0237 Detail]
Download: Indiana-2010-SB0237-Amended.html
Citations Affected: Noncode.
Synopsis: Interim study committee on economic development.
Establishes the interim study committee on economic development.
Specifies the issues to be studied by the committee. Specifies the
membership of the committee. Requires the committee to issue a final
report before November 1, 2010, to the legislative council.
Effective: Upon passage.
January 11, 2010, read first time and referred to Committee on Tax and Fiscal Policy.
January 28, 2010, reported favorably _ Do Pass.
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
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A BILL FOR AN ACT concerning economic development.
(1) Best practices in state and local economic development policies and activities.
(2) The use and effectiveness of tax credits and deductions.
(3) Whether there are any specific sectors of the economy for which Indiana might have comparative advantages over other states.
(4) The extent to which Indiana's tax laws encourage business investment, and any improvements that might be made to Indiana's tax laws.
(5) The extent to which Indiana's education systems support economic development.
(6) Any other issue assigned to the committee by the legislative council or as directed by the committee's co-chairs.
(b) The committee consists of the following members:
(1) Two (2) members of the senate, who must be affiliated
with different political parties, appointed by the president pro
tempore of the senate.
(2) Two (2) members of the house of representatives, who
must be affiliated with different political parties, appointed by
the speaker of the house of representatives.
(3) The chief executive officer of the Indiana economic
development corporation (or the chief executive officer's
designee).
(4) The following ten (10) members appointed by the
governor, not more than five (5) of whom may be affiliated
with the same political party:
(A) One (1) member to represent large businesses.
(B) One (1) member to represent small businesses.
(C) One (1) member to represent banking and finance.
(D) One (1) member to represent labor interests.
(E) One (1) member to represent higher education.
(F) One (1) member to represent local economic
development organizations and officials.
(G) One (1) member to represent cities.
(H) One (1) member to represent counties.
(I) One (1) member to represent agricultural interests.
(J) One (1) member to represent the public at large.
(c) The president pro tempore of the senate shall appoint one (1)
of the members appointed by the president as a co-chair of the
committee. The speaker of the house of representatives shall
appoint one (1) of the members appointed by the speaker as a
co-chair of the committee.
(d) The committee shall issue a final report in an electronic
format under IC 5-14-6 before November 30, 2010, to the
legislative council containing any findings and recommendations
of the committee.
(e) Except as otherwise provided, the committee shall operate
under the policies governing study committees adopted by the
legislative council.
(f) The affirmative votes of a majority of the voting members
appointed to the committee are required for the committee to take
action on any measure, including final reports.
(g) This SECTION expires January 1, 2011.