Indiana Disclosure Regimes

State Year of Disclosure Law Specific Subsidy Program Affected by Law
(*Means Update to Earlier Law)		 Disclosure Law State Statute Excerpt Subsidies in Sample? (Y/N) Internal Disclosure? (Y/N) External Disclosure? (Y/N)
Indiana 2020 Central Indiana Development Authority 2020 Ind. SEA 350 § 36-7.7 SECTION 2. IC Burns Ind. Code Ann. § 36-7.7 IS ADDED TO THE INDIANA CODE AS A NEW ARTICLE TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
ARTICLE 7.7. CENTRAL INDIANA REGIONAL DEVELOPMENT AUTHORITY
Sec. 3.
Units that wish to establish a development authority under this chapter must prepare and adopt a preliminary strategic economic development plan that includes provisions and general information concerning the following:
(1) The participating members of the development authority.
(2) The membership of the strategy committee under section 5 of this chapter.
(3) A timeline for submitting the comprehensive development plan under section 4 of this chapter.
(4) A strategy for attracting (or any projected) investments, grants, matching funds, or local tax revenue.
[...]
Chapter 4. Compliance and Audit Requirements
Sec. 1.
(a) A development authority shall comply with IC 5-22 (public purchasing), IC 36-1-12 (public work projects), and any applicable federal bidding statutes and regulations. An eligible political subdivision that receives a loan, a grant, or other financial assistance from a development authority or enters into a lease with a development authority must comply with applicable federal, state, and local public purchasing and bidding laws and regulations. However, a purchasing agency (as defined in IC 5-22-2-25) of an eligible political subdivision may:
[...]
Sec. 4.
A development authority shall, before April 1 of each year, issue a report to the legislative council, the budget committee, the Indiana economic development corporation, and the executive, fiscal body, and legislative body of each member of the development authority concerning the operations and activities of the development authority during the preceding calendar year. The report to the legislative council must be in an electronic format under IC 5-14-6.		 N N Y
Indiana 2020 Veteran owned small business program 2020 Ind. HEA 1081 § 4-13-16.5-3.5 SECTION 6. IC Burns Ind. Code Ann. § 4-13-16.5-3.5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2020]:
Sec. 3.5.
(a) The department shall adopt rules under IC 4-22-2 to do the following:
(1) Increase contracting opportunities for Indiana veteran owned small businesses described in section 1.5 of this chapter with a goal to procure in each state fiscal year at least three percent (3%) of state contracts with Indiana veteran owned small businesses.
[...]
(b) The department shall annually evaluate its progress in meeting the goal described in this section for the previous state fiscal year. After June 30 and before November 1 of each year, the department shall submit a report to the governor, the Indiana department of veterans’ affairs, and the interim study committee on public safety and military affairs established by IC 2-5-1.3-4 and the legislative council in an electronic format under IC 5-14-6. The report must include:
(1) the percentage goal obtained by the department during the previous state fiscal year; and
(2) a summary of why the department failed to meet the goal and what actions are being taken by the department to meet the goal in the current state fiscal year.
(c) The department shall post the report described in subsection (b) on the department’s Internet web site not later than thirty (30) days after the report is submitted. The Indiana department of veterans’ affairs shall post the report described in subsection (b) on the department’s Internet web site not later than thirty (30) days after the report is submitted by the department.		 N Y Y
Indiana 2019 2019 Ind. SEA 171 2-5-3.2-1 IC Burns Ind. Code Ann. § 2-5-3.2-1, AS AMENDED BY P.L.36-2015, SECTION 1, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2019]:
Sec. 1.
(a) As used in this section, “tax incentive” means a benefit provided through a state or local tax that is intended to alter, reward, or subsidize a particular action or behavior by the tax incentive recipient, including a benefit intended to encourage economic development. The term includes the following: [...]
(h) The legislative services agency shall develop and publish on the general assembly’s Internet web site a multi-year schedule that lists all tax incentives and indicates the year when the report will be published for each tax incentive reviewed. The legislative services agency may revise the schedule as long as the legislative services agency provides for a systematic review, analysis, and evaluation of all tax incentives and that each tax incentive is reviewed at least once every seven (7) years.
(i) This section expires December 31, 2025.		 N Y N
Indiana 2019 Broadband Grants for Rural Areas 2019 Ind. SEA 460 § 4-4-38.5 SECTION 7. IC Burns Ind. Code Ann. § 4-4-38.5 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
Chapter 38.5. Broadband Grants for Rural Areas
Sec. 1.
This chapter applies to grants awarded from the fund after July 31, 2019.
Sec. 13.
(a) Beginning in 2020, not later than August 1 of each year, the office shall submit to the general assembly a report on the awarding of grants under this chapter during the most recent state fiscal year, including the following:
(1) The number, amounts, and recipients of grants awarded under this chapter, along with the state agency awarding each grant.
(2) The status of any funded eligible broadband projects.
(3) Expenses incurred and funds spent by the office in administering this chapter.
(4) A list of the entities, if any, that the office collaborated with in administering this chapter.
(5) An accounting of money in the fund, including funds awarded as grants under this chapter.
(6) The number of locations in rural areas to which broadband infrastructure has been deployed with the use of grant funds under this chapter, including address-level information for newly connected locations.
(7) The overall progress of the deployment of broadband infrastructure for the provision of eligible broadband service in rural areas in Indiana.
A report to the general assembly under this subsection must be in an electronic format under IC 5-14-6.
(b) Every three (3) years, beginning in 2021, the state board of accounts shall conduct an audit of the awarding of grants under:
(1) IC 4-4-38; and
(2) this chapter;
as appropriate, during the most recent three (3) state fiscal years. A report of an audit conducted under this subsection shall be submitted to the general assembly in an electronic format under IC 5-14-6 not later than December 31 of the calendar year that includes the end of the third state fiscal year covered by the audit.		 N N Y
Indiana 2019 Redevelopment Tax Credit 2019 Ind. SEA 563 § 6-3.1-34 SECTION 29. IC Burns Ind. Code Ann. § 6-3.1-34 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JANUARY 1, 2020]:
Chapter 34. Redevelopment Tax Credit
Sec. 1.
As used in this chapter, “board” means the board of the Indiana economic development corporation.
Sec. 21.
(a) The board shall establish measurements for evaluating the performance of the tax credit program under this chapter.
(b) Beginning in 2023, and each odd-numbered year thereafter, the corporation shall provide for an evaluation of the tax credit program. The evaluation shall include an assessment of the effectiveness of the program, and the evaluation shall specifically report on the extent to which the tax credit program met the measurements established by the board under subsection (a). The corporation shall include information received or compiled under this section in the economic incentives and compliance report submitted under IC 5-28-28 for the calendar year in which the evaluation is completed.		 N N Y
Indiana 2019 Next Level Connections Fund 2019 Ind. HEA 1001 § 8-14-14.3 SECTION 155. IC Burns Ind. Code Ann. § 8-14-14.3 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE SEPTEMBER 1, 2018 (RETROACTIVE)]:
Chapter 14.3. Next Level Connections Fund
Sec. 0.5.
As used in this chapter, “department” refers to the Indiana department of transportation.
Sec. 1.
As used in this chapter, “fund” refers to the next level connections fund established under this chapter.
Sec. 4.
The budget agency and the department shall report to the budget committee before October 1 of each year, beginning in 2019, on any projects identified or expenditures that have been made under this chapter during the immediately preceding state fiscal year. The report must include a summary of any expenditures and the sources of the funding for these expenditures.		 N N Y
Indiana 2018 Local Transportation Infrastructure Program 2018 Ind. HEA 1374 SECTION 25. IC Burns Ind. Code Ann. § 5-1.2 IS ADDED TO THE INDIANA CODE AS A NEW ARTICLE TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2018]:
ARTICLE 1.2. INDIANA FINANCE AUTHORITY
Chapter 15. Local Transportation Infrastructure Program
Sec. 1.
At the request of the Indiana department of transportation, the authority shall carry out this chapter.
Sec. 2.
The authority may establish local transportation infrastructure revolving funds for the purpose of providing funds to participants for local transportation infrastructure projects. A separate fund may be established for any purpose listed in section 8(a) of this chapter. Each fund shall be administered by the authority.
Sec. 3. [...]
(c) The authority shall annually present a report to the budget committee and the budget agency that describes the projects funded under this chapter during the year.		 N N Y
Indiana 2018 Water Infrastructure Assistance Program 2018 Ind. HEA 1374 § 5-1.2 SECTION 25. IC Burns Ind. Code Ann. § 5-1.2 IS ADDED TO THE INDIANA CODE AS A NEW ARTICLE TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2018]:
ARTICLE 1.2. INDIANA FINANCE AUTHORITY
Chapter 14. Water Infrastructure Assistance Program
Sec. 1.
At the request of the department of environmental management, the authority shall carry out the program established under this chapter.
Sec. 2.
The water infrastructure assistance program is established.
Sec. 11.
Not later than August 1 of each odd-numbered year through 2021, the public finance director shall prepare for the budget committee established by IC 4-12-1-3 and the legislative council a report that includes the following:
(1) Information concerning the financial assistance made available to participants from the water infrastructure assistance fund during the two (2) most recent fiscal years.
(2) Any other information requested by the budget committee and the legislative council.
The report must be submitted in an electronic format under IC 5-14-6.		 N N Y
Indiana 2018 Wastewater and Drinking Water Revolving Loan Programs 2018 Ind. HEA 1374 § 5-1.2 SECTION 25. IC Burns Ind. Code Ann. § 5-1.2 IS ADDED TO THE INDIANA CODE AS A NEW ARTICLE TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2018]:
ARTICLE 1.2. INDIANA FINANCE AUTHORITY
Chapter 10. Wastewater and Drinking Water Revolving Loan Programs
Sec. 11.
For the purposes of this chapter, the authority shall do the following:
[...]
(8) Prepare annual reports concerning each fund and program.		 N N Y
Indiana 2018 Economic Development Projects 2018 Ind. HEA 1374 § 5-1.2 SECTION 25. IC Burns Ind. Code Ann. § 5-1.2 IS ADDED TO THE INDIANA CODE AS A NEW ARTICLE TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2018]:
ARTICLE 1.2. INDIANA FINANCE AUTHORITY
Chapter 9. Economic Development Projects
Sec. 1.
The general purpose of this chapter is to provide financing for economic development projects.
Sec. 13.
The authority shall prepare a report that:
(1) briefly describes the proposed economic development project;
(2) estimates the number and expense of public works or services that would be made necessary or desirable by the proposed economic development project, including public ways, schools, water, sewers, street lights, and fire protection;
(3) estimates the total costs of the proposed economic development project;
(4) for an economic development project that is not exclusively either a pollution control facility or an educational facility project, estimates the number of jobs and the payroll to be created or saved by the project;
(5) for educational facility projects, describes how the project promotes the educational enrichment (including cultural, intellectual, scientific, or artistic opportunities) of the people of the state; and
(6) for pollution control facilities, describes the facilities and how they will abate, reduce, or prevent pollution.
The report shall be submitted to the executive director or chair of the plan commission, if any, having jurisdiction over the economic development project and, if the number of new jobs estimated exceeds one hundred (100), to the superintendent of the school corporation where the economic development project will be located. The executive director or chair of the plan commission and the school superintendent may formulate their written comments concerning the report and transmit their comments, if any, to the authority within five (5) days after the receipt of the report.
Sec. 14.
The authority shall hold a public hearing, which may be conducted by the authority, or any officer, member, or agent designated by the authority, on the proposed financing agreement for the economic development project, after giving notice by publication in one (1) newspaper of general circulation in the city, town, or county where the economic development project is to be located at least ten (10) days in advance of this public hearing.		 N Y Y
Indiana 2018 Workforce related program 2018 Ind. SEA 50 § 4-3-27 SECTION 1. IC Burns Ind. Code Ann. § 4-3-27 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
Chapter 27. Governor’s Workforce Cabinet
Sec. 12.
(a) As used in this section, “workforce related program” has the meaning set forth in IC 22-4.1-1-7.
[...]
(f) The cabinet shall, before October 1 of each year, submit a report to the governor, the legislative council in an electronic format under IC 5-14-6, and the interim study committee on fiscal policy established by IC 2-5-1.3-4 containing the results of the cabinet’s review, analysis, and evaluation under this chapter. The report must include at least the following for each workforce related program reviewed:
(1) An explanation of the workforce related program.
(2) The history of the workforce related program.
(3) An estimate for each state fiscal year of the next biennial budget of the cost of the workforce related program.
(4) A detailed description of the review, analysis, and evaluation for the workforce related program.
(5) Information to be used by the governor and general assembly to determine whether the workforce related program should be continued, modified, or terminated, the basis for the recommendation, and the expected impact of the recommendation.
(6) Information to be used by the governor and general assembly to better align the workforce related program with the original intent of the legislation that enacted the workforce related program. The report required by this section must not disclose any proprietary or otherwise confidential information.		 N N Y
Indiana 2017 Rail Transit Development Districts 2017 Ind. HEA 1144 SECTION 10. IC Burns Ind. Code Ann. § 36-7.5-4.5 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2017]:
Chapter 4.5. Rail Transit Development Districts
Sec. 19.
(a) There is established a steering committee to provide information and guidance to the development authority on development within the districts located in a member county.
[...]
At each quarterly meeting:
(1) the development authority shall present a progress report on development within each district to the steering committee; and
(2) the steering committee shall provide the development authority with information and guidance on development within each district.
IC 5-14-1.5 (the open door law) applies to meetings of the steering committee. The steering committee shall publish a notice of its meeting in accordance with IC 5-3-1-2(b). All records of the steering committee are public records subject to public inspection under IC 5-14-3.		 N Y Y
Indiana 2017 Entrepreneur and Enterprise District Pilot Program 2017 Ind. SEA 514 § 5-28-15.5 SECTION 4. IC Burns Ind. Code Ann. § 5-28-15.5 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2017]:
Chapter 15.5. Entrepreneur and Enterprise District Pilot Program
Sec. 7. [...]
(b) A district board shall:
(1) develop metrics for the annual reporting of information about the district to the legislative body of the qualified municipality that established the district; and
(2) submit the metrics for approval to the legislative body of the qualified municipality and the executive of the qualified municipality.
The metrics for the annual reporting of information may be revised and reapproved from time to time.
(c) Each year before September 1, a district board shall present a written report to the legislative body of the qualified municipality that established the district. The annual written report must provide information about the district in terms of the metrics approved under subsection (b).		 N N Y
Indiana 2015 State matching grants for construction projects 2015 Ind. HEA 1001 § 36-7.5-3-5 SECTION 265. IC Burns Ind. Code Ann. § 36-7.5-3-5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2015]:
Sec. 5.
(a) There is established a grant program to provide state matching grants for construction projects extending the Chicago, South Shore, and South Bend Railway.
[...]
(f) If the Indiana finance authority approves and makes a grant under this section, the development authority shall in July of each year through 2045 submit an annual progress report to the Indiana finance authority.		 N N Y
Indiana 2015 Northwest Indiana plan 2015 Ind. HEA 1398 § 36-7.5-3-5.4 SECTION 13. IC Burns Ind. Code Ann. § 36-7.5-3-5.4 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2015]:
Sec. 5.4.
(a) For purposes of this section, “northwest Indiana plan” refers to the activities of the Indiana plan for equal employment in its northwest Indiana region.
(b) Subject to subsection (c), the development authority shall set a goal to achieve employment and retention of employees from certain northwest Indiana cities for work on development authority projects. The goal must be to attain, by not later than January 1, 2020, a workforce for each project that consists of at least twenty percent (20%) of employees who are individuals who reside in cities that:
(1) are within the boundaries of the development authority; and
(2) have an unemployment rate that exceeds the state unemployment rate by more than twenty percent (20%).
(c) The goal set forth in subsection (b) applies:
(1) to development authority investments of state and local funds on capital projects that require construction or demolition; and
(2) unless attainment of the goal is inconsistent with any federal or state law or regulation.
(d) The development authority shall before November 1 of each year issue a report to the legislative council, the budget committee, and the governor concerning the operations and activities of the development authority during the preceding state fiscal year as indicated in section 3 of this chapter. In addition, the development authority shall report on progress toward meeting the goal set forth in subsection (b) for the previous year and report any obstacles to achieving the goal set forth in subsection (b) and the use of the northwest Indiana plan in the report to the legislative council. The report to the legislative council must be in an electronic format under IC 5-14-6.		 N N Y
Indiana 2015 Indiana Regional City Fund 2015 Ind. HEA 1403 § 5-28-37 SECTION 1. IC Burns Ind. Code Ann. § 5-28-37 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
Chapter 37. Indiana Regional City Fund
Sec. 8.
The board shall submit an annual report to the legislative council before September 1 of each year. The report must be in an electronic format under IC 5-14-6 and must contain the following information for each development authority that received a grant or loan from the fund in the preceding state fiscal year:
(1) The name of the development authority.
(2) The project for which the grant or loan was awarded to the development authority.
(3) The amount of the grant or loan disbursed to the development authority.		 N N Y
Indiana 2015 General Economic Development 2015 Ind. HEA 1142 § 2-5-3.2-2 SECTION 2. IC Burns Ind. Code Ann. § 2-5-3.2-2 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
Sec. 2.
(a) As used in this section, “ tax expenditure” means a tax exemption, tax deduction, tax credit, preferential tax rate, or tax provision that reduces a person’s state tax liability.
(b) The legislative services agency shall, before November 1 of each even numbered year, prepare and publish a tax expenditure report.
(c) The tax expenditure report must include at least the following:
(1) A listing and explanation of each tax expenditure.
(2) The history of each tax expenditure.
(3) An estimate for each state fiscal year of the next biennial budget of the cost of each tax expenditure.
(4) A discussion of the criteria used to determine whether a tax provision is or is not a tax expenditure.
(d) The legislative services agency shall submit the tax expenditure report to:
(1) the legislative council;
(2) the interim study committee on fiscal policy established by IC 2-5-1.3-4; and
(3) the chairpersons and ranking minority members of:
(A) the house committee on ways and means; and
(B) the senate committee on appropriations;
for use in the preparation of and consideration of the state biennial budget.
(e) This section expires December 31, 2023.		 N N Y
Indiana 2014 2014 Ind. HEA 1020 IC 2-5-3.2 IC 2-5-3.2 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2014]:
Chapter 3.2.
Review, Analysis, and Evaluation of Tax Incentives
Sec. 1.
(a) As used in this section, “ tax incentive” means a benefit provided through a state or local tax that is intended to alter, reward, or subsidize a particular action or behavior by the tax incentive recipient, including a benefit intended to encourage economic development. The term includes the following: [...]
(f) The legislative services agency shall establish and maintain a system for making available to the public information about the amount and effectiveness of tax incentives.
(g) The commission shall, before November 1, 2014, develop and publish on the general assembly’s Internet web site a multi-year schedule that lists all tax incentives and indicates the year when the report will be published for each tax incentive reviewed. The commission may revise the schedule as long as the commission provides for a systematic review, analysis, and evaluation of all tax incentives and that each tax incentive is reviewed at least once every five (5) years.
(h) This section expires December 31, 2023.		 N Y N
Indiana 2014 Redevelopment programs 2014 Ind. SEA 118 SECTION 39.
[EFFECTIVE JULY 1, 2014]
(a) During the 2014 legislative interim, the commission on state tax and financing policy shall study redevelopment commissions, authorities, and departments. The department of local government finance, with the assistance of the state board of accounts, shall prepare a report on redevelopment that covers at least the following:
(1) The activities of each redevelopment commission, authority, and department throughout Indiana, including projects proposed and projects completed.
(2) The budgets for 2009 through 2013 for each redevelopment commission, authority, and department, including a summary of these budgets.
(3) The audit findings for 2009 through 2013 for each redevelopment commission, authority, and department audited by the state board of accounts, including a summary of these audits.
(4) The actual increase in assessed values in redevelopment areas compared to the estimated increases set forth in the redevelopment plan.
(5) The actual increase in assessed values in redevelopment areas compared to the increase in assessed values outside redevelopment areas.
(6) Suggested changes in the law with regard to redevelopment commissions, authorities, and departments.
Before August 1, 2014, the department of local government finance shall deliver the report concerning redevelopment commissions, authorities, and departments to the executive director of the legislative services agency in an electronic format under IC 5-14-6 for distribution to each member of the commission on state tax and financing policy. The department of local government finance and the state board of accounts shall be available to present the report and respond to questions at a meeting specified by the commission.
(b) This SECTION expires June 30, 2015.		 N N Y
Indiana 2014 General Economic Development* 2014 Ind. HEA 1020 IC 2-5-3.2 IC 2-5-3.2 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2014]:
Chapter 3.2.
Review, Analysis, and Evaluation of Tax Incentives

Sec. 1.
(a) As used in this section, “ tax incentive” means a benefit provided through a state or local tax that is intended to alter, reward, or subsidize a particular action or behavior by the tax incentive recipient, including a benefit intended to encourage economic development. The term includes the following:
[...]
(d) The commission shall hold public hearings to receive information concerning tax incentives. On or before November 1, 2014, and each year thereafter, the commission shall submit a report to the legislative council, in an electronic format under IC 5-14-6, containing the results of the commission’s review, analysis, and evaluation. The report must include at least the following:
(1) A detailed description of the review, analysis, and evaluation for each tax incentive reviewed.
(2) A recommendation as to whether a reviewed tax incentive should be continued, modified, or terminated, the basis for the recommendation, and the expected impact of the recommendation on the state’s economy.
(3) Recommendations for better aligning a reviewed tax incentive with the original intent of the legislation that enacted the tax incentive.
(4) An estimate for each fiscal year of the next biennial budget of the cost of each tax incentive and the total cost of all tax incentives, including those not scheduled for review under this section. The estimates shall be provided to the chairperson and ranking minority member of the house committee on ways and means and the senate committee on appropriations for use in the preparation of the budget and to the general assembly to be used in the budget process.
(5) To the extent possible, an estimate of the indirect economic benefit or activity stimulated by the tax incentive.
The report required by this subsection must not disclose any proprietary or otherwise confidential taxpayer information.
(e) The general assembly shall use the commission’s report to determine whether a particular tax incentive:
(1) is successful;
(2) is provided at a cost that can be accommodated by the state’s biennial budget; and
(3) should be continued, amended, or repealed.
(f) The legislative services agency shall establish and maintain a system for making available to the public information about the amount and effectiveness of tax incentives.
(g) The commission shall, before November 1, 2014, develop and publish on the general assembly’s Internet web site a multi-year schedule that lists all tax incentives and indicates the year when the report will be published for each tax incentive reviewed. The commission may revise the schedule as long as the commission provides for a systematic review, analysis, and evaluation of all tax incentives and that each tax incentive is reviewed at least once every five (5) years.
(h) This section expires December 31, 2023.		 N Y Y
Indiana 2013 General Economic Development* 2013 Ind. HEA 1545 IC 6-3.1-26-25 IC 6-3.1-26-25, AS AMENDED BY P.L.4-2005, SECTION 113, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JANUARY 1, 2014]:
Sec. 25.
(a) On a biennial basis, the corporation shall provide for an evaluation of the tax credit program. The evaluation must include an assessment of the effectiveness of the program in creating new jobs and increasing wages in Indiana and of the revenue impact of the program and may include a review of the practices and experiences of other states with similar programs. The director shall submit a report on the evaluation to the governor, the president pro tempore of the senate, and the speaker of the house of representatives after June 30 and before November 1 in each odd-numbered year. The report provided to the president pro tempore of the senate and the speaker of the house of representatives must be in an electronic format under IC 5-14-6.
(b) The department shall report, not later than December 15 each year, to the budget committee concerning the use of the credit for logistics investments under this chapter. The report must include the following with regard to the previous state fiscal year for logistics investments:
(1) Summary information regarding the taxpayers and the use of the credit, including the amount of credits approved, the number of taxpayers applying for the credit and claiming the credit, the number of employees who are employed in Indiana by the taxpayers claiming the credit, the amount and type of new qualified expenditures for which the credit was granted, the total dollar amount of new credits claimed and the average amount of the credit claimed per taxpayer, the amount of credits to be carried forward to a subsequent taxable year, and the percentage of the total credits claimed as compared to the total adjusted gross income of all the taxpayers claiming the credit.
(2) The name and address of each taxpayer claiming the credit and the amount of the credit applied for by and granted to each taxpayer.		 N N Y
Indiana 2013 Motorsport Investment District Credits 2013 Ind. HEA 1544 IC 4-10-23; IC 5-1-17.5 IC 4-10-23 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2013]:
Chapter 23.
Motorsports Investment District Credits
Sec. 10.
(a) Before the first business day in October of each year, the department of state revenue shall calculate the income tax incremental amount and the gross retail incremental amount for the preceding state fiscal year for the district.
(b) Businesses operating in the district shall report, in the manner and in the form prescribed by the department of state revenue, information that the department determines necessary to calculate incremental gross retail, use, and income taxes.
(c) It is the intent of this section to identify all sales, use, and income taxes of all taxpayers that are apportionable to the taxpayer’s activities in the district. This section shall be broadly construed by the department of state revenue in order to achieve the purposes of IC 5-1-17.5.

IC 5-1-17.5 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
Chapter 17.5.
Motorsports Investment District
Sec. 22.
The commission shall, following the close of each fiscal year of the commission, submit an annual report of its activities for the preceding year to the governor, the budget committee, and the legislative council. An annual report submitted under this section to the legislative council must be in an electronic format under IC 5-14-6. Each report must set forth a complete operating and financial statement for the commission during the fiscal year the report covers.		 N N Y
Indiana 2013 Local Development Agreements* 2013 Ind. SEA 528 IC 4-33-23-10; IC 4-33-23-17 IC 4-33-23-10, AS ADDED BY P.L.82-2011, SECTION 1, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
Sec. 10.
(a) A development provider shall report annually to the commission the following:
(1) the total dollar amounts of economic development payments;
(2) the parties or specified recipients, or both, that receive economic development payments; and
(3) any other items related to an economic development payment that the commission may require.
(b) A specified recipient of an economic development payment shall report annually to the commission an accounting of:
(1) any economic development payment received by the recipient; and
(2) any disbursements of economic development payment money that the recipient makes to:
(A) another specified recipient; or
(B) an unspecified recipient.
(c) A report submitted under subsection (b) must include:
(1) the legal name of the person submitting the report;
(2) the date, amount, and purpose of each disbursement;
(3) the name of each specified or unspecified recipient receiving a disbursement; and
(4) any other information that the commission may require.
(d) Upon request of the commission, a person submitting a report under subsection (a) or (b) shall attach to the report sufficient documentation to support a transaction described in the report.
(e) A report submitted under subsection (a) or (b) must be submitted to the department of local government finance and made available electronically through the Indiana transparency Internet web site established under IC 5-14-3.7.

IC 4-33-23-17 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
Sec. 17.
(a) Any political subdivision receiving an economic development payment shall annually report the following information to the department of local government finance:
(1) The total amount of economic development payments received in the previous state fiscal year.
(2) The balance of the fund in which the political subdivision deposited the economic development payments under section 13 of this chapter as of the end of the previous state fiscal year.
(b) A political subdivision shall submit the report required by subsection (a) to the department of local government finance before October 1 of each year.
(c) The department of local government finance shall make the report available electronically through the Indiana transparency Internet web site established under IC 5-14-3.7.		 N Y N
Indiana 2013 General Economic Development* 2013 Ind. SEA 162 IC 5-28-28-5 IC 5-28-28-5, AS ADDED BY P.L.222-2007, SECTION 1, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2013]:
Sec. 5.
(a) Beginning February 1, 2008, the corporation shall:
(1) submit an economic incentives and compliance report to:
(A) the governor; and
(B) the legislative council in an electronic format under IC 5-14-6; and
(2) publish the report on the corporation’s Internet web site;
on the schedule specified in subsection (b). [...]

IC 5-28-28-6, AS ADDED BY P.L.222-2007, SECTION 1, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2013]:
Sec. 6.
The economic incentives and compliance report required under section 5 of this chapter must include at least the following:
(1) The total amount of each of the following: [...]		 N Y Y
Indiana 2012 2012 Ind. HEA 1072 SECTION 130.
[EFFECTIVE UPON PASSAGE] (a) During the 2012 and 2013 legislative interims, the commission on state tax and financing policy (IC 2-5-3) shall study all income tax credits using a schedule that provides for approximately half the credits to be studied each year and for the credits to be studied in the order they were enacted. The commission shall prepare a report that covers each credit and that includes the following:
(1) A review of the original scope and purpose of the credit and whether the scope or purpose has changed since the credit’s enactment.
(2) The economic parameters of the credit, including the credit percentage and credit limits, and whether these parameters have changed since the credit’s enactment.
(3) A description of the taxpayers that qualify for the credit and how effective the credit has been in assisting these targeted taxpayers.
(4) The type of activities on which the credit is based and how effective the credit has been in promoting these targeted activities.
(5) The amount of the credits granted over time.
(6) A determination of the dollar amount of credits granted but not taken that can be carried forward.
(7) A summary of audit findings for each credit and whether there has been any misuse of the credit.
(8) Suggested changes in the law with regard to each credit, including whether the credit should be retained or not.
(9) Any other issues related to these income tax credits, as determined by the commission.
The commission on state tax and financing policy shall issue the report in two (2) parts, in an electronic format under IC 5-14-6, to the legislative council, not later than November 1, 2012, and November 1, 2013, respectively.
(b) This SECTION expires January 1, 2014.		 N N Y
Indiana 2012 General Economic Development 2012 Ind. HEA 1002 page 42 IC 5-28-28-10 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2012]:
Sec. 10.
In addition to the other requirements of this chapter, the economic incentives and compliance report must also include a detailed report on the following programs, resources, or activities for which the corporation is responsible:
(1) Small business development under IC 5-28-17.
(2) The small business development fund established under IC 5-28-18-7.
(3) The small business incubator program under IC 5-28-21.
(4) Efforts to promote business modernization of and the adoption of technology by Indiana businesses under IC 5-28-23.		 N N Y
Indiana 2011 Local Option Hiring Incentive 2011 Ind. HEA 1007 IC 6-3.5-9 IC 6-3.5-9 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2011]:
Chapter 9.
Local Option Hiring Incentive

Sec. 17.
(a) The qualified unit shall submit an annual report to the IEDC before July 1. The report must be in an electronic format prescribed by the IEDC and must contain the following information concerning a program established under this chapter:
(1) The number of taxpayers receiving hiring incentives in that particular year.
(2) The location of each business receiving hiring incentives as of the date of the report.
(3) A summary of the local incentives provided under this chapter to each taxpayer receiving hiring incentives as of the date of the report.
(4) The number of jobs created and the average salary paid by taxpayers receiving hiring incentives as of the date of the report.
(b) The IEDC shall compile an annual report based on the information received under subsection (a). The IEDC shall submit the annual report to the legislative council before November 1. The report must be in an electronic format under IC 5-14-6 and must contain the information specified in subsection (a)(1) through (a)(4), aggregated or otherwise protected as necessary to maintain the confidentiality of any confidential information submitted upon request by each taxpayer under this chapter.		 N N Y
Indiana 2011 Microenterprise Partnership Program 2011 Ind. HEA 1192 IC 5-20-8 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2011]:
Chapter 8.
Microenterprise Partnership Program
Sec. 14.
Before August 1 of each year, the authority shall submit to the budget committee a supplemental report on a longitudinal study:
(1) describing the economic development outcomes resulting from microloans made under this chapter; and
(2) evaluating the effectiveness of the microloan delivery organizations and the microloans made under this chapter in:
(A) expanding employment and self-employment opportunities in Indiana; and
(B) increasing the incomes of persons employed by microenterprises.		 N N Y
Indiana 2011 Local Development Agreements 2011 Ind. SEA 325 IC 4-33-23 IC 4-33-23 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
Chapter 23.
Administration of Local Development Agreements
Sec. 10.
(a) A development provider shall report annually to the commission the following:
(1) the total dollar amounts of economic development payments;
(2) the parties or specified recipients, or both, that receive economic development payments; and
(3) any other items related to an economic development payment that the commission may require.
(b) A specified recipient of an economic development payment shall report annually to the commission an accounting of:
(1) any economic development payment received by the recipient; and
(2) any disbursements of economic development payment money that the recipient makes to:
(A) another specified recipient; or
(B) an unspecified recipient.
(c) A report submitted under subsection (b) must include:
(1) the legal name of the person submitting the report;
(2) the date, amount, and purpose of each disbursement;
(3) the name of each specified or unspecified recipient receiving a disbursement; and
(4) any other information that the commission may require. [...]

Sec. 16.
Upon request of the attorney general, the commission shall make available to the attorney general all filings made under this chapter regarding a development agreement.		 N N Y
Indiana 2010 General Economic Development 2010 Ind. SEA 23 IC 5-28-6-6; IC 5-28-28-9 IC 5-28-2-5.5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
SEC. 5.5.
“JOB CREATION INCENTIVE” MEANS A TAX CREDIT, TAX DEDUCTION, GRANT, LOAN, OR LOAN GUARANTEE THAT A STATUTE AUTHORIZES THE STATE OR AN INSTRUMENTALITY OF THE STATE (EXCLUDING ANY POLITICAL SUBDIVISION OR OTHER UNIT OF LOCAL GOVERNMENT) TO AWARD OR APPROVE FOR THE PURPOSE OF ENCOURAGING THE CREATION OF NEW JOBS IN INDIANA.

IC 5-28-6-6 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
SEC. 6.
THE CORPORATION SHALL REQUIRE AN APPLICANT FOR A JOB CREATION INCENTIVE TO BE GRANTED BY THE CORPORATION AFTER MARCH 31, 2010, TO ENTER INTO AN AGREEMENT WITH THE CORPORATION AS A CONDITION OF RECEIVING THE INCENTIVE. SUBJECT TO IC 5-28-28-8, THE AGREEMENT MUST INCLUDE THE FOLLOWING REQUIREMENTS:
(1) THE NUMBER OF INDIVIDUALS THAT ARE EXPECTED TO BE EMPLOYED BY THE APPLICANT.
(2) A REQUIREMENT THAT THE APPLICANT WILL FILE WITH THE COMPLIANCE OFFICER AN ANNUAL COMPLIANCE REPORT DETAILING THE APPLICANT’S COMPLIANCE, OR PROGRESS TOWARD COMPLIANCE, WITH SUBDIVISION (1).
(3) A PROVISION THAT NOTIFIES THE APPLICANT THAT THE APPLICANT IS SUBJECT TO A DETERMINATION OF THE CORPORATION UNDER THIS SUBDIVISION. THE CORPORATION, AFTER A FINDING THAT THE APPLICANT IS EMPLOYING FEWER INDIVIDUALS THAN THE APPLICANT AGREED TO EMPLOY UNDER SUBDIVISION (1), SUBJECT TO ANY CONFIDENTIALITY LAWS, SHALL HOLD A HEARING TO DETERMINE IF THE APPLICANT SHALL BE REQUIRED TO PAY BACK TO THE STATE A PART OF THE INCENTIVE GRANTED TO THE APPLICANT UNDER THE AGREEMENT. THE PENALTY IMPOSED MUST BE A MATTER OF PUBLIC RECORD AND MUST REFLECT IN A FAIR AND BALANCED WAY THE AMOUNT OF INCENTIVE RECEIVED.
(4) A REQUIREMENT THAT THE APPLICANT WILL PAY BACK TO THE STATE THE INCENTIVE THAT HAS BEEN RECEIVED BY THE APPLICANT IF THE APPLICANT MOVES OR CLOSES.

IC 5-28-28-9 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
SEC. 9.
(A) BEGINNING IN 2010, THE ECONOMIC INCENTIVES AND COMPLIANCE REPORT REQUIRED UNDER SECTION 5 OF THIS CHAPTER MUST INCLUDE AN ANNUAL REPORT CONTAINING SUMMARY STATISTICS ON THE EFFECTIVENESS OF AND COMPLIANCE WITH ALL INCENTIVES GRANTED BY THE CORPORATION. THE REPORT REQUIRED BY THIS SECTION MUST DESCRIBE:
(1) THE OVERALL COMPLIANCE WITH THE TERMS AND CONDITIONS OF INCENTIVES PROVIDED; AND
(2) PENALTIES IMPOSED FOR FAILURE TO COMPLY WITH THE TERMS AND CONDITIONS OF INCENTIVES PROVIDED.
THE REPORT MUST ALSO BE SUBMITTED TO THE GENERAL ASSEMBLY IN AN ELECTRONIC FORMAT UNDER IC 5-14-6.
(B) UPON REQUEST, THE CORPORATION SHALL MAKE AVAILABLE:
(1) INFORMATION SPECIFYING EACH PERSON’S COMPLIANCE WITH ITS INCENTIVE AGREEMENT AND ANY INCENTIVE THAT HAD TO BE REDUCED OR PAID BACK AS A RESULT OF NONCOMPLIANCE WITH AN INCENTIVE AGREEMENT;
(2) INFORMATION STATING, FOR EACH INCENTIVE RECIPIENT, THE TOTAL INCENTIVE PROVIDED FOR EACH JOB CREATED, COMPUTED FROM THE DATE THE INCENTIVE IS GRANTED THROUGH JUNE 30 OF THE YEAR OF THE REPORT;
(3) INFORMATION CONCERNING ALL WAIVERS OR MODIFICATIONS UNDER SECTION 8 OF THIS CHAPTER; AND
(4) INFORMATION DESCRIBING ALL HEARINGS AND DETERMINATIONS UNDER IC 5-28-6-6.		 N Y Y
Indiana 2007 Development Authorities projects 2007 Ind. HEA 1774 IC 36-7.6 SECTION 7. IC 36-7.6 IS ADDED TO THE INDIANA CODE AS A NEW ARTICLE TO READ AS FOLLOWS (EFFECTIVE UPON PASSAGE):
[A> ARTICLE 7.6. REGIONAL DEVELOPMENT AUTHORITIES <A]
[A> CHAPTER 3. DEVELOPMENT AUTHORITY POWERS AND DUTIES <A]
[A> SEC. 4. A DEVELOPMENT AUTHORITY SHALL BEFORE APRIL 1 OF EACH YEAR ISSUE A REPORT TO THE LEGISLATIVE COUNCIL, THE BUDGET COMMITTEE, AND THE GOVERNOR CONCERNING THE OPERATIONS AND ACTIVITIES OF THE DEVELOPMENT AUTHORITY DURING THE PRECEDING CALENDAR YEAR. THE REPORT TO THE LEGISLATIVE COUNCIL MUST BE IN AN ELECTRONIC FORMAT UNDER IC 5-14-6. <A]
[A> SEC. 5. (A) A DEVELOPMENT AUTHORITY SHALL PREPARE A COMPREHENSIVE STRATEGIC DEVELOPMENT PLAN THAT INCLUDES DETAILED INFORMATION CONCERNING THE FOLLOWING: <A]
[A> (1) THE PROPOSED PROJECTS TO BE UNDERTAKEN OR FINANCED BY THE DEVELOPMENT AUTHORITY. <A]
[A> (2) THE FOLLOWING INFORMATION FOR EACH PROJECT INCLUDED UNDER SUBDIVISION (1): <A]
[A> (A) TIMELINE AND BUDGET. <A]
[A> (B) THE RETURN ON INVESTMENT. <A]
[A> (C) THE PROJECTED OR EXPECTED NEED FOR AN ONGOING SUBSIDY. <A]
[A> (D) ANY PROJECTED OR EXPECTED FEDERAL MATCHING FUNDS. <A]
 N N Y
Indiana 2007 Capital Projects 2007 Ind. HEA 1478 IC 6-1.1-29.5 SECTION 52. IC 6-1.1-29.5 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS (EFFECTIVE JULY 1, 2007):
[A> CHAPTER 29.5. CAPITAL PROJECTS REVIEW <A]
[A> (D) AFTER HOLDING A PUBLIC HEARING UNDER THIS SECTION AND CONSIDERING ALL INFORMATION SUBMITTED BY PERSONS TESTIFYING AT THE HEARING, THE FISCAL BODY OF A POLITICAL SUBDIVISION MAY ADOPT AN ORDINANCE OR RESOLUTION REQUESTING APPROVAL OF THE PROPOSED CAPITAL PROJECT BY THE REVIEW BOARD. THE FISCAL BODY SHALL IMMEDIATELY TRANSMIT A COPY OF THE ORDINANCE OR RESOLUTION TO THE REVIEW BOARD. IF THE POLITICAL SUBDIVISION CONTAINS TERRITORY IN MORE THAN ONE (1) COUNTY, THE FISCAL BODY SHALL TRANSMIT A COPY OF THE ORDINANCE OR RESOLUTION TO THE REVIEW BOARD OF EACH OF THOSE COUNTIES. <A]
[A> SEC. 12. (A) BEFORE TAKING ACTION ON A REQUEST FOR APPROVAL OF A PROPOSED CAPITAL PROJECT DESCRIBED IN SECTION 10 OF THIS CHAPTER, A REVIEW BOARD MUST CONDUCT A PUBLIC HEARING ON THE PROPOSED PROJECT. IF A PUBLIC HEARING IS SCHEDULED UNDER THIS SECTION, THE REVIEW BOARD SHALL PUBLISH A DESCRIPTION OF THE PROPOSED CAPITAL PROJECT AND A NOTICE OF THE HEARING IN ACCORDANCE WITH IC 5-3-1-2(B). <A]		 N Y Y
Indiana 2007 Hoosier Alternative Fuel Vehicle Manufacturer Tax Credit 2007 Ind. HEA 1461 IC 6-3.1-31.9 SECTION 4. IC 6-3.1-31.9 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS (EFFECTIVE JANUARY 1, 2007 (RETROACTIVE)):
[A> CHAPTER 31.9. HOOSIER ALTERNATIVE FUEL VEHICLE MANUFACTURER TAX CREDIT <A]
[A> SEC. 18. THE CORPORATION SHALL ENTER INTO AN AGREEMENT WITH AN APPLICANT THAT IS AWARDED A CREDIT UNDER THIS CHAPTER. THE AGREEMENT MUST INCLUDE ALL THE FOLLOWING: <A]
[...]
[A> (7) A REQUIREMENT THAT THE TAXPAYER SHALL ANNUALLY REPORT TO THE CORPORATION THE NUMBER OF NEW EMPLOYEES WHO ARE PERFORMING JOBS NOT PREVIOUSLY PERFORMED BY AN EMPLOYEE, THE AVERAGE WAGE OF THE NEW EMPLOYEES, THE AVERAGE WAGE OF ALL EMPLOYEES AT THE LOCATION WHERE THE QUALIFIED INVESTMENT IS MADE, AND ANY OTHER INFORMATION THE DIRECTOR NEEDS TO PERFORM THE DIRECTOR'S DUTIES UNDER THIS CHAPTER. <A]
[A> (8) A REQUIREMENT THAT THE DIRECTOR IS AUTHORIZED TO VERIFY WITH THE APPROPRIATE STATE AGENCIES THE AMOUNTS REPORTED UNDER SUBDIVISION (7), AND THAT AFTER DOING SO SHALL ISSUE A CERTIFICATE TO THE TAXPAYER STATING THAT THE AMOUNTS HAVE BEEN VERIFIED. <A]
[A> SEC. 21. ON OR BEFORE MARCH 31 EACH YEAR, THE DIRECTOR SHALL SUBMIT A REPORT TO THE CORPORATION ON THE TAX CREDIT PROGRAM UNDER THIS CHAPTER. THE REPORT MUST INCLUDE INFORMATION ON THE NUMBER OF AGREEMENTS THAT WERE ENTERED INTO UNDER THIS CHAPTER DURING THE PRECEDING CALENDAR YEAR, A DESCRIPTION OF THE PROJECT THAT IS THE SUBJECT OF EACH AGREEMENT, AN UPDATE ON THE STATUS OF PROJECTS UNDER AGREEMENTS ENTERED INTO BEFORE THE PRECEDING CALENDAR YEAR, AND THE SUM OF THE CREDITS AWARDED UNDER THIS CHAPTER. A COPY OF THE REPORT SHALL BE TRANSMITTED IN AN ELECTRONIC FORMAT UNDER IC 5-14-6 TO THE EXECUTIVE DIRECTOR OF THE LEGISLATIVE SERVICES AGENCY FOR DISTRIBUTION TO THE MEMBERS OF THE GENERAL ASSEMBLY. <A]
[A> SEC. 22. ON A BIENNIAL BASIS, THE CORPORATION SHALL PROVIDE FOR AN EVALUATION OF THE TAX CREDIT PROGRAM. THE EVALUATION MUST INCLUDE AN ASSESSMENT OF THE EFFECTIVENESS OF THE PROGRAM IN CREATING NEW JOBS AND INCREASING WAGES IN INDIANA AND OF THE REVENUE IMPACT OF THE PROGRAM AND MAY INCLUDE A REVIEW OF THE PRACTICES AND EXPERIENCES OF OTHER STATES WITH SIMILAR PROGRAMS. THE DIRECTOR SHALL SUBMIT A REPORT ON THE EVALUATION TO THE GOVERNOR, THE PRESIDENT PRO TEMPORE OF THE SENATE, AND THE SPEAKER OF THE HOUSE OF REPRESENTATIVES AFTER JUNE 30 AND BEFORE NOVEMBER 1 IN EACH ODD-NUMBERED YEAR. THE REPORT PROVIDED TO THE PRESIDENT PRO TEMPORE OF THE SENATE AND THE SPEAKER OF THE HOUSE OF REPRESENTATIVES MUST BE IN AN ELECTRONIC FORMAT UNDER IC 5-14-6. <A]		 N N Y
Indiana 2007 Qualified patent tax exemption 2007 Ind. HEA 1461 IC 6-3-2-21.7 SECTION 2. IC 6-3-2-21.7 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS (EFFECTIVE JANUARY 1, 2008): [A> SEC. 21.7. (A) THIS SECTION APPLIES TO A QUALIFIED PATENT ISSUED TO A TAXPAYER AFTER DECEMBER 31, 2007. <A]
[A> (B) AS USED IN THIS SECTION, "INVENTION" HAS THE MEANING SET FORTH IN 35 U.S.C. 100(A). <A]
[A> (C) AS USED IN THIS SECTION, "QUALIFIED PATENT" MEANS: <A] [...]
[A> (J) ON OR BEFORE DECEMBER 1 OF EACH YEAR, THE DEPARTMENT SHALL PROVIDE AN EVALUATION REPORT TO THE LEGISLATIVE COUNCIL, THE BUDGET COMMITTEE, AND THE INDIANA ECONOMIC DEVELOPMENT CORPORATION. THE EVALUATION REPORT MUST CONTAIN THE FOLLOWING: <A]
[A> (1) THE NUMBER OF TAXPAYERS CLAIMING AN EXEMPTION UNDER THIS SECTION. <A]
[A> (2) THE SUM OF ALL THE EXEMPTIONS CLAIMED UNDER THIS SECTION. <A]
[A> (3) THE NORTH AMERICAN INDUSTRY CLASSIFICATION SYSTEM CODE FOR EACH TAXPAYER CLAIMING AN EXEMPTION UNDER THIS SECTION. <A]		 N N Y
Indiana 2007 General Economic Development 2007 Ind. HEA 1426 IC 5-28-28 SECTION 1. IC 5-28-28 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS (EFFECTIVE UPON PASSAGE):
[A> CHAPTER 28. STATE ECONOMIC INCENTIVES AND COMPLIANCE REPORT <A]
[A> SEC. 1. THIS CHAPTER APPLIES TO GRANTS, LOANS, AND TAX CREDITS: <A]
[A> (1) APPLIED FOR; AND <A]
[A> (2) AWARDED; <A]
[A> AFTER JUNE 30, 2007. <A]
[A> SEC. 2. AS USED IN THIS CHAPTER, "GRANT" REFERS TO A GRANT GIVEN BY THE CORPORATION. <A]
[A> SEC. 3. AS USED IN THIS CHAPTER, "LOAN": <A]
[A> (1) REFERS TO A LOAN MADE BY THE CORPORATION, REGARDLESS OF WHETHER THE LOAN IS FORGIVABLE; AND <A]
[A> (2) INCLUDES A LOAN GUARANTEE MADE BY THE CORPORATION. <A]
[A> SEC. 4. AS USED IN THIS CHAPTER, "TAX CREDIT" MEANS A STATE TAX LIABILITY CREDIT UNDER ANY OF THE FOLLOWING: <A] [...]
[A> SEC. 5. (A) BEGINNING FEBRUARY 1, 2008, THE CORPORATION SHALL: <A]
[A> (1) SUBMIT AN ECONOMIC INCENTIVES AND COMPLIANCE REPORT TO: <A]
[A> (A) THE GOVERNOR; AND <A]
[A> (B) THE LEGISLATIVE COUNCIL IN AN ELECTRONIC FORMAT UNDER IC 5-14-6; AND <A]
[A> (2) PUBLISH THE REPORT ON THE CORPORATION'S INTERNET WEB SITE; <A] [...]		 N Y Y
Indiana 2005 Development of Multicounty Federal Military Bases 2005 Ind. SEA 571 IC 36-7-30.5 SECTION 11. IC 36-7-30.5 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS (EFFECTIVE UPON PASSAGE):
[A> CHAPTER 30.5. DEVELOPMENT OF MULTICOUNTY FEDERAL MILITARY BASES <A]
[A> SEC. 14. THE DEVELOPMENT AUTHORITY SHALL DO THE FOLLOWING: <A] [...]
[A> (1) INVESTIGATE, STUDY, AND SURVEY THE AREA SURROUNDING AND THE REAL PROPERTY AND STRUCTURES THAT ARE PART OF THE MILITARY BASE. <A]
[A> (2) INVESTIGATE, STUDY, AND DETERMINE THE MEANS BY WHICH MILITARY BASE PROPERTY MAY BE DEVELOPED OR REUSED BY PRIVATE ENTERPRISE TO PROMOTE ECONOMIC DEVELOPMENT WITHIN COUNTIES REPRESENTED ON THE DEVELOPMENT AUTHORITY OR BY STATE AND LOCAL GOVERNMENT TO OTHERWISE BENEFIT THE WELFARE OF THE CITIZENS OF THE COUNTIES REPRESENTED ON THE DEVELOPMENT AUTHORITY. <A]
[A> (3) PROMOTE THE DEVELOPMENT OF MILITARY BASE PROPERTY IN THE MANNER THAT BEST SERVES THE INTERESTS OF THE STATE AND ITS INHABITANTS. <A]
[A> (4) COOPERATE WITH THE DEPARTMENTS AND AGENCIES OF UNITS AND OF OTHER GOVERNMENTAL ENTITIES, INCLUDING THE STATE AND THE FEDERAL GOVERNMENT, IN THE MANNER THAT BEST SERVES THE PURPOSES OF THIS CHAPTER. <A]
[A> (5) MAKE FINDINGS AND REPORTS ON THEIR ACTIVITIES UNDER THIS SECTION, AND KEEP THE REPORTS AVAILABLE FOR INSPECTION BY THE PUBLIC. <A]
[A> (6) SELECT AND ACQUIRE MILITARY BASE PROPERTY TO BE DEVELOPED OR REUSED BY PRIVATE ENTERPRISE OR STATE OR LOCAL GOVERNMENT UNDER THIS CHAPTER. <A]
[A> (7) TRANSFER ACQUIRED MILITARY BASE PROPERTY AND OTHER REAL AND PERSONAL PROPERTY TO PRIVATE ENTERPRISE OR STATE OR LOCAL GOVERNMENT IN THE MANNER THAT BEST SERVES THE SOCIAL AND ECONOMIC INTERESTS OF THE STATE AND THE STATE'S INHABITANTS. <A]		 N Y N
Indiana 2005 General Transparency Laws 2005 Ind. SEA 496 IC 6-1.1-33.5-7

SECTION 14. IC 6-1.1-33.5-7 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS (EFFECTIVE JULY 1, 2005): [A> SEC. 7. (A) NOT LATER THAN MAY 1OF EACH CALENDAR YEAR, THE DIVISION OF DATA ANALYSIS SHALL: <A]
[A> (1) PREPARE A REPORT THAT INCLUDES: <A]
[A> (A) EACH POLITICAL SUBDIVISION'S TOTAL AMOUNT OF EXPENDITURES PER PERSON DURING THE IMMEDIATELY PRECEDING CALENDAR YEAR, BASED ON THE POLITICAL SUBDIVISION'S POPULATION DETERMINED BY THE MOST RECENT FEDERAL DECENNIAL CENSUS; AND <A]
[A> (B) BASED ON THE INFORMATION PREPARED FOR ALL POLITICAL SUBDIVISIONS UNDER CLAUSE (A), THE HIGHEST, LOWEST, MEDIAN, AND AVERAGE AMOUNT OF EXPENDITURES PER PERSON FOR EACH TYPE OF POLITICAL SUBDIVISION THROUGHOUT INDIANA. <A]
[A> (2) POST THE REPORT ON THE WEB SITE MAINTAINED BY THE DEPARTMENT OF LOCAL GOVERNMENT FINANCE; AND <A]
[A> (3) FILE THE REPORT: <A]
[A> (A) WITH THE GOVERNOR; AND <A]
[A> (B) IN AN ELECTRONIC FORMAT UNDER IC 5-14-6 WITH THE GENERAL ASSEMBLY. <A]
[A> THE REPORT MUST BE PRESENTED IN A FORMAT THAT IS UNDERSTANDABLE TO THE AVERAGE INDIVIDUAL AND THAT PERMITS EASY COMPARISON OF THE INFORMATION PREPARED FOR EACH POLITICAL SUBDIVISION UNDER SUBDIVISION (1)(A) TO THE STATEWIDE INFORMATION PREPARED FOR THAT TYPE OF POLITICAL SUBDIVISION UNDER SUBDIVISION (1)(B). <A]
[A> (B) THE DEPARTMENT OF LOCAL GOVERNMENT FINANCE SHALL ORGANIZE THE REPORT UNDER SUBSECTION (A) TO PRESENT TOGETHER THE INFORMATION DERIVED FROM EACH TYPE OF POLITICAL SUBDIVISION. <A]		 N Y N
Indiana 2005 Small Business Incubator Program 2005 Ind. HEA 1003 [A> CHAPTER 21. SMALL BUSINESS INCUBATOR PROGRAM <A]
[A> SEC. 6. (A) THE SMALL BUSINESS INCUBATOR FUND IS ESTABLISHED WITHIN THE STATE TREASURY. THE FUND IS A REVOLVING FUND. THE FUND SHALL BE USED TO PROVIDE GRANTS, LOANS, AND LOAN GUARANTEES UNDER THIS CHAPTER. <A] [...]
[A> SEC. 21. BEFORE JULY 2 EACH YEAR, THE CORPORATION SHALL PROVIDE THE LEGISLATIVE COUNCIL AND THE GOVERNOR WITH A REPORT THAT INCLUDES THE FOLLOWING INFORMATION: <A]
[A> (1) THE NUMBER OF APPLICATIONS FOR INCUBATORS RECEIVED BY THE CORPORATION. <A]
[A> (2) THE NUMBER OF APPLICATIONS FOR INCUBATORS APPROVED BY THE CORPORATION. <A]
[A> (3) THE NUMBER OF INCUBATORS CREATED UNDER THIS CHAPTER. <A]
[A> (4) THE NUMBER OF TENANTS OCCUPYING EACH INCUBATOR. <A]
[A> (5) THE OCCUPANCY RATE OF EACH INCUBATOR. <A]
[A> (6) THE NUMBER OF JOBS PROVIDED BY EACH INCUBATOR AND THE TENANTS OF EACH INCUBATOR. <A]
[A> (7) THE NUMBER OF FIRMS STILL OPERATING IN INDIANA AFTER LEAVING INCUBATORS AND THE NUMBER OF JOBS PROVIDED BY THOSE FIRMS. THE CORPORATION SHALL ATTEMPT TO IDENTIFY THE REASONS FIRMS THAT WERE ESTABLISHED IN AN INCUBATOR HAVE MOVED TO ANOTHER STATE. <A]		 N N Y
Indiana 2005 Small Business Development 2005 Ind. HEA 1003 [A> CHAPTER 17. SMALL BUSINESS DEVELOPMENT <A]
[A> SEC. 1. (A) THE CORPORATION SHALL DO THE FOLLOWING TO CARRY OUT THIS CHAPTER: <A] [...]
[A> (2) SUBMIT AN ANNUAL REPORT TO THE GOVERNOR AND TO THE GENERAL ASSEMBLY NOT LATER THAN NOVEMBER 1 OF EACH YEAR. THE ANNUAL REPORT MUST: <A]
[A> (A) INCLUDE DETAILED INFORMATION ON THE STRUCTURE, OPERATION, AND FINANCIAL STATUS OF THE CORPORATION; AND <A]
[A> (B) BE IN AN ELECTRONIC FORMAT UNDER IC 5-14-6. <A]
[A> THE BOARD SHALL CONDUCT AN ANNUAL PUBLIC HEARING TO RECEIVE COMMENT FROM INTERESTED PARTIES REGARDING THE ANNUAL REPORT, AND NOTICE OF THE HEARING SHALL BE GIVEN AT LEAST FOURTEEN (14) DAYS BEFORE THE HEARING IN ACCORDANCE WITH IC 5-14-1.5-5(B). <A] [...]		 Y Y Y
Indiana 2005 Indiana Twenty-First Century Research and Technology Fund 2005 Ind. HEA 1003 [A> CHAPTER 16. INDIANA TWENTY-FIRST CENTURY RESEARCH AND TECHNOLOGY FUND <A]
[A> SEC. 6. THE BOARD SHALL SUBMIT AN ANNUAL REPORT TO THE LEGISLATIVE COUNCIL BEFORE SEPTEMBER 1. THE REPORT MUST BE IN AN ELECTRONIC FORMAT UNDER IC 5-14-6 AND MUST CONTAIN THE FOLLOWING INFORMATION CONCERNING FUND ACTIVITY IN THE PRECEDING STATE FISCAL YEAR: <A]
[A> (1) THE NAME OF EACH ENTITY RECEIVING A GRANT FROM THE FUND. <A]
[A> (2) THE LOCATION OF EACH ENTITY SORTED BY: <A]
[A> (A) COUNTY, IN THE CASE OF AN ENTITY LOCATED IN INDIANA; OR <A]
[A> (B) STATE, IN THE CASE OF AN ENTITY LOCATED OUTSIDE INDIANA. <A]
[A> (3) THE AMOUNT OF EACH GRANT AWARDED TO EACH ENTITY. <A]		 Y N Y
Indiana 2005 Economic Development Fund 2005 Ind. HEA 1003 [A> CHAPTER 8. ECONOMIC DEVELOPMENT FUND <A]
[A> SEC. 6. (A) THE TREASURER OF STATE SHALL INVEST THE MONEY IN THE FUND NOT CURRENTLY NEEDED TO MEET THE OBLIGATIONS OF THE FUND IN THE SAME MANNER AS OTHER PUBLIC FUNDS MAY BE INVESTED. INTEREST THAT ACCRUES FROM THESE INVESTMENTS SHALL BE DEPOSITED IN THE FUND. <A]
[A> (B) THE TREASURER OF STATE SHALL ALSO: <A]
[A> (1) RECEIVE CASH RECEIPTS BELONGING TO THE FUND, DEPOSIT THESE AMOUNTS IN THE FUND, AND SUBMIT A MONTHLY REPORT TO THE CORPORATION OF THESE TRANSACTIONS; AND <A] [...]

[A> SEC. 8. (A) THE CORPORATION SHALL RECEIVE GRANTS ALLOCATED BY A FEDERAL PROGRAM FOR THE PURPOSES SPECIFIED IN SECTION 9(C) OF THIS CHAPTER. GUIDELINES SHALL BE PREPARED BY THE CORPORATION ENUMERATING THE QUALIFICATION PROCEDURES FOR RECEIPT OF GRANTS AND LOANS FROM THE FUND. THESE GUIDELINES MUST BE CONSISTENT WITH INDIANA LAW AND FEDERAL PROGRAM REQUIREMENTS. <A] [...]
[A> (C) THE CORPORATION SHALL KEEP COMPLETE SETS OF RECORDS SHOWING ALL TRANSACTIONS BY THE FUND IN A MANNER THAT ENABLES THE CORPORATION TO PREPARE AT THE END OF EACH FISCAL YEAR A COMPLETE REPORT FOR THE GENERAL ASSEMBLY. THE INFORMATION IN THE REPORT MUST BE SUFFICIENT TO PERMIT A COMPLETE REVIEW AND UNDERSTANDING OF THE OPERATION AND FINANCIAL CONDITION OF THE FUND. THE REPORT MUST BE SUBMITTED IN ELECTRONIC FORMAT UNDER IC 5-14-6. <A]		 N N Y
Indiana 2004 Microenterprise Partnership Fund; Nontraditional Entrepreneur Program; Small and Minority Business Assistance Program; Microenterprise Partnership Fund 2004 Ind. HEA 1434 IC 4-3-13-1.5 SECTION 2. IC 4-3-13-1.5 IS AMENDED TO READ AS FOLLOWS (EFFECTIVE JULY 1, 2004): Sec. 1.5. As used in this chapter, "corporation" refers to the Indiana [D> small business <D] [A> ECONOMIC <A] development [D> corporation. <D] [A> COUNCIL ESTABLISHED UNDER IC 4-3-14. <A]
SECTION 8. IC 4-3-14-4 IS AMENDED TO READ AS FOLLOWS (EFFECTIVE JULY 1, 2004): Sec. 4. (a) The articles of incorporation or bylaws of the corporation, as appropriate, must provide that: [...]
(9) the corporation shall submit an annual report to the governor and to the Indiana general assembly on or before the first day of November for each year;
(10) the corporation shall conduct an annual public hearing to receive comment from interested parties regarding the annual report, and notice of the hearing shall be given at least fourteen (14) days prior to the hearing in accordance with IC 5-14-1.5-5(b); and
(11) the corporation is subject to an annual audit by the state board of accounts, and the corporation shall bear the full costs of this audit.
[...]
[A> (C) THE CORPORATION SHALL: <A]
[A> (1) APPROVE AND ADMINISTER LOANS FROM THE MICROENTERPRISE PARTNERSHIP PROGRAM FUND ESTABLISHED UNDER IC 4-3-13-9; <A]
[A> (2) ESTABLISH AND ADMINISTER THE NONTRADITIONAL ENTREPRENEUR PROGRAM UNDER IC 4-3-13; <A]
[A> (3) ESTABLISH AND ADMINISTER THE SMALL AND MINORITY BUSINESS ASSISTANCE PROGRAM UNDER IC 4-3-16; AND <A]
[A> (4) ESTABLISH AND ADMINISTER THE MICROENTERPRISE PARTNERSHIP PROGRAM UNDER IC 4-4-32.4. <A]		 N Y Y
Indiana 2003 Hoosier Business Investment Tax Credit 2003 Ind. HEA 1001 [A> CHAPTER 26. HOOSIER BUSINESS INVESTMENT TAX CREDIT <A]
[A> SEC. 21. THE BOARD SHALL ENTER INTO AN AGREEMENT WITH AN APPLICANT THAT IS AWARDED A CREDIT UNDER THIS CHAPTER. THE AGREEMENT MUST INCLUDE ALL THE FOLLOWING: <A]
[...]
[A> (7) A REQUIREMENT THAT THE TAXPAYER SHALL ANNUALLY REPORT TO THE BOARD THE NUMBER OF NEW EMPLOYEES WHO ARE PERFORMING JOBS NOT PREVIOUSLY PERFORMED BY AN EMPLOYEE, THE AVERAGE WAGE OF THE NEW EMPLOYEES, THE AVERAGE WAGE OF ALL EMPLOYEES AT THE LOCATION WHERE THE QUALIFIED INVESTMENT IS MADE, AND ANY OTHER INFORMATION THE DIRECTOR NEEDS TO PERFORM THE DIRECTOR'S DUTIES UNDER THIS CHAPTER. <A]

[A> SEC. 24. ON OR BEFORE MARCH 31 EACH YEAR, THE DIRECTOR SHALL SUBMIT A REPORT TO THE BOARD ON THE TAX CREDIT PROGRAM UNDER THIS CHAPTER. THE REPORT MUST INCLUDE INFORMATION ON THE NUMBER OF AGREEMENTS THAT WERE ENTERED INTO UNDER THIS CHAPTER DURING THE PRECEDING CALENDAR YEAR, A DESCRIPTION OF THE PROJECT THAT IS THE SUBJECT OF EACH AGREEMENT, AN UPDATE ON THE STATUS OF PROJECTS UNDER AGREEMENTS ENTERED INTO BEFORE THE PRECEDING CALENDAR YEAR, AND THE SUM OF THE CREDITS AWARDED UNDER THIS CHAPTER. A COPY OF THE REPORT SHALL BE DELIVERED TO THE EXECUTIVE DIRECTOR OF THE LEGISLATIVE SERVICES AGENCY FOR DISTRIBUTION TO THE MEMBERS OF THE GENERAL ASSEMBLY. <A]

[A> SEC. 25. ON A BIENNIAL BASIS, THE BOARD SHALL PROVIDE FOR AN EVALUATION OF THE TAX CREDIT PROGRAM, GIVING FIRST PRIORITY TO USING THE INDIANA ECONOMIC DEVELOPMENT COUNCIL ESTABLISHED UNDER IC 4-3-14. THE EVALUATION MUST INCLUDE AN ASSESSMENT OF THE EFFECTIVENESS OF THE PROGRAM IN CREATING NEW JOBS AND INCREASING WAGES IN INDIANA AND OF THE REVENUE IMPACT OF THE PROGRAM AND MAY INCLUDE A REVIEW OF THE PRACTICES AND EXPERIENCES OF OTHER STATES WITH SIMILAR PROGRAMS. THE DIRECTOR SHALL SUBMIT A REPORT ON THE EVALUATION TO THE GOVERNOR, THE PRESIDENT PRO TEMPORE OF THE SENATE, AND THE SPEAKER OF THE HOUSE OF REPRESENTATIVES AFTER JUNE 30 AND BEFORE NOVEMBER 1 IN EACH ODD-NUMBERED YEAR. <A]		 Y N Y
Indiana 2002 Build Indiana Fund 2002 Ind. HEA 1360 IC 4-30-17-11 SECTION 6. IC 4-30-17-11 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS (EFFECTIVE UPON PASSAGE): [A> SEC. 11. (A) EACH ELIGIBLE RECIPIENT THAT IS APPROVED TO RECEIVE MONEY FROM THE BUILD INDIANA FUND UNDER SECTION 10 OF THIS CHAPTER MUST, AS A CONDITION OF RECEIVING MONEY FROM THE BUILD INDIANA FUND, ENTER INTO A FUNDING AGREEMENT WITH THE BUDGET AGENCY. <A]
[...]
[A> (4) BE SUBJECT TO THE AUDIT AND THE REPORTING REQUIREMENTS UNDER IC 5-11-1 (STATE BOARD OF ACCOUNTS) FOR EACH YEAR, BEGINNING WITH THE YEAR IN WHICH MONEY FROM THE BUILD INDIANA FUND IS RECEIVED AND ENDING WITH THE YEAR IN WHICH THE PROJECT IS COMPLETED. <A]		 N N Y
Indiana 2002 Job retention and creation tax credit 2002 Ind. HEA 1196 IC 6-3.1-13-24 SECTION 41. IC 6-3.1-13-2 IS AMENDED TO READ AS FOLLOWS (EFFECTIVE JANUARY 1, 2003): Sec. 2. As used in this chapter, "credit amount" means the amount agreed to between the board and applicant under this chapter, but not to exceed, [A> IN THE CASE OF A CREDIT AWARDED FOR A PROJECT TO CREATE NEW JOBS IN INDIANA, <A] the incremental income tax withholdings attributable to the applicant's project.

SECTION 49. IC 6-3.1-13-19.5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS (EFFECTIVE JANUARY 1, 2003): [A> SEC. 19.5. (A) IN THE CASE OF A CREDIT AWARDED FOR A PROJECT TO RETAIN EXISTING JOBS IN INDIANA, THE BOARD SHALL ENTER INTO AN AGREEMENT WITH AN APPLICANT THAT IS AWARDED A CREDIT UNDER THIS CHAPTER. THE AGREEMENT MUST INCLUDE ALL OF THE FOLLOWING: <A]
[A> (1) A DETAILED DESCRIPTION OF THE BUSINESS THAT IS THE SUBJECT OF THE AGREEMENT. <A]
[A> (2) THE DURATION OF THE TAX CREDIT AND THE FIRST TAXABLE YEAR FOR WHICH THE CREDIT MAY BE CLAIMED. <A]
[A> (3) THE CREDIT AMOUNT THAT WILL BE ALLOWED FOR EACH TAXABLE YEAR. <A]
[A> (4) A REQUIREMENT THAT THE APPLICANT SHALL MAINTAIN OPERATIONS AT THE PROJECT LOCATION FOR AT LEAST TWO (2) TIMES THE NUMBER OF YEARS AS THE TERM OF THE TAX CREDIT. AN APPLICANT IS SUBJECT TO AN ASSESSMENT UNDER SECTION 22 OF THIS CHAPTER FOR NONCOMPLIANCE WITH THE REQUIREMENT DESCRIBED IN THIS SUBDIVISION. <A]
[A> (5) A REQUIREMENT THAT THE APPLICANT SHALL ANNUALLY REPORT THE FOLLOWING TO THE BOARD: <A] [...]

SECTION 50. IC 6-3.1-13-24 IS AMENDED TO READ AS FOLLOWS (EFFECTIVE UPON PASSAGE): Sec. 24. On a biennial basis, the board shall provide for an evaluation of the tax credit program, giving first priority to using the Indiana economic development council, established under IC 4-3-14-4. The evaluation shall include an assessment of the effectiveness of the program in creating new jobs [A> AND RETAINING EXISTING JOBS <A] in Indiana and of the revenue impact of the program, and may include a review of the practices and experiences of other states with similar programs. The director shall submit a report on the evaluation to the governor, the president pro tempore of the senate, and the speaker of the house of representatives after June 30 and before November 1 in each odd-numbered year.		 N N Y
Indiana 2002 Urban Enterprise Association real property acquisition 2002 Ind. SEA 318 IC 36-7-14-22.2 SECTION 6. IC 36-7-14-22.2 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS (EFFECTIVE JULY 1, 2002): [A> SEC. 22.2. (A) THE COMMISSION MAY SELL OR GRANT, AT NO COST, TITLE TO REAL PROPERTY TO AN URBAN ENTERPRISE ASSOCIATION FOR THE PURPOSE OF DEVELOPING THE REAL PROPERTY IF THE FOLLOWING REQUIREMENTS ARE MET: <A] [...]
[A> (I) AN URBAN ENTERPRISE ASSOCIATION THAT PURCHASES OR RECEIVES REAL PROPERTY UNDER THIS SECTION SHALL REPORT THE TERMS OF THE CONVEYANCE TO THE ENTERPRISE ZONE BOARD CREATED UNDER IC 4-4-6.1-1 NOT LATER THAN THIRTY (30) DAYS AFTER THE DATE THE CONVEYANCE OF THE PROPERTY IS MADE. <A]		 N N Y
Indiana 2001 Personal and real property tax incentives 2001 Ind. HEA 1499 IC 6-1.1-33.5 SECTION 82. IC 6-1.1-33.5 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS (EFFECTIVE JANUARY 1, 2002):
[A> CHAPTER 33.5. DEPARTMENT OF LOCAL GOVERNMENT FINANCE DIVISION OF DATA ANALYSIS <A]
[A> SEC. 1. A DIVISION OF THE DEPARTMENT OF LOCAL GOVERNMENT FINANCE IS ESTABLISHED, TO BE KNOWN AS THE DIVISION OF DATA ANALYSIS. <A]
[A> SEC. 2. THE DIVISION OF DATA ANALYSIS SHALL DO THE FOLLOWING: <A]
[A> (1) COMPILE AN ELECTRONIC DATA BASE THAT INCLUDES THE FOLLOWING: <A] [...]
[A> (4) CONDUCT CONTINUING STUDIES OF PERSONAL AND REAL PROPERTY TAX DEDUCTIONS, ABATEMENTS, AND EXEMPTIONS USED THROUGHOUT INDIANA. THE DIVISION OF DATA ANALYSIS SHALL, BEFORE MAY 1 OF EACH EVEN-NUMBERED YEAR, REPORT ON THE STUDIES AT A MEETING OF THE BUDGET COMMITTEE AND SUBMIT A REPORT ON THE STUDIES TO THE LEGISLATIVE SERVICES AGENCY FOR DISTRIBUTION TO THE MEMBERS OF THE LEGISLATIVE COUNCIL. <A] [...]
[A> (7) REPORT ANNUALLY TO THE EXECUTIVE DIRECTOR OF THE LEGISLATIVE SERVICES AGENCY, IN A FORM PRESCRIBED BY THE LEGISLATIVE SERVICES AGENCY, THE INFORMATION OBTAINED OR DETERMINED UNDER THIS SECTION FOR USE BY THE EXECUTIVE DIRECTOR AND THE GENERAL ASSEMBLY, INCLUDING: <A]		 N N Y
Indiana 2001 Real property qualifying counties expenditures 2001 Ind. HEA 1902 IC 6-1.1-4-32 SECTION 2. IC 6-1.1-4-32 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS (EFFECTIVE UPON PASSAGE): [A> SEC. 32. (A) AS USED IN THIS SECTION, "QUALIFYING COUNTY" MEANS A COUNTY HAVING A POPULATION OF MORE THAN FOUR HUNDRED THOUSAND (400,000) BUT LESS THAN SEVEN HUNDRED THOUSAND (700,000). <A]
[...]
[A> (C) THE STATE BOARD OF TAX COMMISSIONERS SHALL SELECT AND CONTRACT WITH A NATIONALLY RECOGNIZED CERTIFIED PUBLIC ACCOUNTING FIRM WITH EXPERTISE IN THE APPRAISAL OF REAL PROPERTY TO APPRAISE PROPERTY FOR THE GENERAL REASSESSMENT OF REAL PROPERTY IN A QUALIFYING COUNTY TO BE COMPLETED FOR THE MARCH 1, 2002, ASSESSMENT DATE. THE CONTRACT APPLIES FOR THE APPRAISAL OF LAND AND IMPROVEMENTS WITH RESPECT TO ALL CLASSES OF REAL PROPERTY IN THE QUALIFYING COUNTY. THE CONTRACT MUST INCLUDE: <A]
[A> (1) A PROVISION REQUIRING THE APPRAISAL FIRM TO: <A]
[A> (A) PREPARE A DETAILED REPORT OF: <A]
[A> (I) EXPENDITURES MADE AFTER JULY 1, 1999, AND BEFORE THE DATE OF THE REPORT FROM THE QUALIFYING COUNTY'S REASSESSMENT FUND UNDER IC 6-1.1-4-28; AND <A]		 N N Y
Indiana 2001 Voluntary Remediation Tax Credit 2001 Ind. SEA 273 IC 6-3.1-23 SECTION 1. IC 6-3.1-23 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS (EFFECTIVE JANUARY 1, 2002):
[A> CHAPTER 23. VOLUNTARY REMEDIATION TAX CREDIT <A]
[A> SEC. 15. (A) THE AMOUNT OF TAX CREDITS ALLOWED UNDER THIS CHAPTER MAY NOT EXCEED ONE MILLION DOLLARS ($ 1,000,000) IN A STATE FISCAL YEAR UNLESS THE INDIANA DEVELOPMENT FINANCE AUTHORITY DETERMINES UNDER SUBSECTION (E) THAT MONEY IS AVAILABLE FOR ADDITIONAL TAX CREDITS IN A PARTICULAR STATE FISCAL YEAR. HOWEVER, IF THE MAXIMUM AMOUNT OF TAX CREDITS ALLOWED UNDER THIS SUBSECTION EXCEEDS THE AMOUNT AVAILABLE IN THE SUBACCOUNT OF THE ENVIRONMENTAL REMEDIATION REVOLVING LOAN FUND (IC 13-19-5), THE MAXIMUM AMOUNT OF TAX CREDITS ALLOWED UNDER THIS SUBSECTION IS REDUCED TO THE AMOUNT AVAILABLE. <A]
[...]
[A> (D) THE DEPARTMENT OF STATE REVENUE SHALL REPORT THE TOTAL CREDITS GRANTED UNDER THIS CHAPTER FOR EACH STATE FISCAL YEAR TO THE INDIANA DEVELOPMENT FINANCE AUTHORITY. THE INDIANA DEVELOPMENT FINANCE AUTHORITY SHALL TRANSFER TO THE STATE GENERAL FUND AN AMOUNT EQUAL TO THE TOTAL CREDITS GRANTED FROM THE SUBACCOUNT OF THE ENVIRONMENTAL REMEDIATION REVOLVING LOAN FUND (IC 13-19-5). <A]		 N N Y
Indiana 2001 General Economic Development 2001 Ind. HEA 1549 IC 5-14-3-4 SECTION 1. IC 5-14-3-4, AS AMENDED BY P.L.37-2000, SECTION 2, IS AMENDED TO READ AS FOLLOWS (EFFECTIVE JULY 1, 2001): Sec. 4.
(b) Except as otherwise provided by subsection (a), the following public records shall be excepted from section 3 of this chapter at the discretion of a public agency:
(5) The following:
(A) Records relating to negotiations between the department of commerce, the Indiana development finance authority, the film commission, the Indiana business modernization and technology corporation, or economic development commissions with industrial, research, or commercial prospects, if the records are created while negotiations are in progress.
(B) Notwithstanding clause (A), the terms of the final offer of public financial resources communicated by the department of commerce, the Indiana development finance authority, the film commission, the Indiana business modernization and technology corporation, or economic development commissions to an industrial, a research, or a commercial prospect shall be available for inspection and copying under section 3 of this chapter after negotiations with that prospect have terminated.
(C) When disclosing a final offer under clause (B), the department of commerce shall certify that the information being disclosed accurately and completely represents the terms of the final offer.		 N Y N
Indiana 2001 General Economic Development 2001 Ind. SEA 174 IC 4-4-3-22 SECTION 1. IC 4-4-3-22, AS ADDED BY P.L.126-2000, SECTION 1, IS AMENDED TO READ AS FOLLOWS (EFFECTIVE UPON PASSAGE):
Sec. 22. The department shall establish a public information page on its current Internet site on the world wide web. The page must do the following:
(1) Provide, by program, cumulative information on the total amount of incentives awarded, the total number of companies that received the incentives and were assisted in a year, and the names and addresses of those companies.
(2) Provide a mechanism on the page whereby the public may request further information on-line about specific programs or incentives awarded.
(3) Provide a mechanism for the public TO receive an electronic response.		 N Y N
Indiana 1997 General Accountability Law (Reporting for different funds) 1997 Ind. HEA 1339 IC 13-21-3-13.5 SECTION 14. IC 13-21-3-13.5 IS ADDED TO THE INDIANA CODE AS A [A> NEW <A] SECTION TO READ AS FOLLOWS (EFFECTIVE UPON PASSAGE): [A> SEC. 13.5. (A) THIS SECTION DOES NOT APPLY TO THE FOLLOWING: <A]
[A> (1) A NONREVERTING CAPITAL FUND ESTABLISHED UNDER SECTION 12(24) OF THIS CHAPTER. <A]
[A> (2) A FUND ESTABLISHED UNDER IC 13-21-7-8. <A]
[A> (3) THE WASTE MANAGEMENT DISTRICT BOND FUND ESTABLISHED UNDER IC 13-21-7-10. <A]
[A> (4) A FUND ESTABLISHED TO SECURE THE PAYMENT OF PRINCIPAL AND INTEREST UNDER IC 13-21-12-1 (12). <A]
[A> (B) AT THE END OF EACH YEAR THE DISTRICT SHALL PREPARE A REPORT THAT PROVIDES THE FOLLOWING INFORMATION: <A]
[A> (1) FOR EACH FUND THAT CONTAINS DISTRICT MONEY: <A]
[A> (A) THE CASH BALANCE AT THE END OF THE YEAR; <A]
[...]
[A> (C) THE DISTRICT SHALL PROVIDE THE REPORT DEVELOPED UNDER SUBSECTION (B) TO THE DEPARTMENT, THE STATE BOARD OF TAX COMMISSIONERS, AND THE ENVIRONMENTAL QUALITY SERVICE COUNCIL BY FEBRUARY 1 OF THE YEAR FOLLOWING THE YEAR FOR WHICH THE REPORT IS MADE. <A]		 N N Y
Indiana 1993 Indiana medical and nursing grant fund 1993 Ind. SEA 24 [A> CHAPTER 5. INDIANA MEDICAL AND NURSING GRANT FUND <A]

SEC. 11. AN ENTITY DESCRIBED IN SECTION 10 OF THIS CHAPTER MUST APPLY FOR A GRANT ON AN APPLICATION FORM SUPPLIED BY THE STATE DEPARTMENT. <A]

[A> SEC. 18. THE STATE DEPARTMENT SHALL FILE AN ANNUAL REPORT WITH THE GOVERNOR AND THE GENERAL ASSEMBLY ON THE FOLLOWING: <A]
[A> (1) THE RECEIPT, DISBURSEMENT, AND USE OF FUNDS. <A]
[A> (2) THE IDENTIFICATION OF SHORTAGE AREAS. <A]
[A> (3) THE NUMBER OF APPLICATIONS FOR GRANTS. <A]
[A> (4) THE NUMBER AND AMOUNT OF GRANTS PROVIDED BY THE STATE DEPARTMENT. <A]		 N N Y