Economic incentives and compliance report; statistical

Ind. Code § 5-28-28-9, under Chapter 28. State Economic Incentives and Compliance Report.

Ind. Code § 5-28-28-9

summary required Sec. 9. (a) 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. As added by P.L.110-2010, SEC.14. Amended by P.L.145-2016, SEC.22.

IC 5-28-28-10 Economic incentives and compliance report 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) The economic development fund under IC 5-28-8. (2) The Indiana twenty-first century research and technology fund under IC 5-28-16. (3) Small business development under IC 5-28-17. (4) The small business development fund established under IC 5-28-18-7. (5) The small business incubator program under IC 5-28-21. (6) Efforts to promote business modernization of and the adoption of technology by Indiana businesses under IC 5-28-23. (7) An evaluation of the economic development for a growing economy tax credit under IC 6-3.1-13-24. (8) An evaluation of the Hoosier business investment tax credit under IC 6-3.1-26-25. (9) Beginning in 2023, an evaluation of the redevelopment tax credit under IC 6-3.1-34-21. As added by P.L.133-2012, SEC.49. Amended by P.L.130-2018, SEC.18; P.L.158-2019, SEC.2.