Title 5, STATE AND LOCAL ADMINISTRATION

Sec. 8. (a) A loan to a county or municipality made under this chapter is not a general obligation of the county or municipality and is payable solely from revenues derived from the new or expanding business. (b) Before making a loan to a county or municipality, the corporation s…

Sec. 9. (a) The investment incentive fund is established within the state treasury to provide grants and loans to counties and municipalities. (b) The fund consists of appropriations from the general assembly and loan repayments. (c) The corporation shall administer the fund. The…

Sec. 1. As used in this chapter, "eligible entity" means: (1) a city; (2) a town; (3) a county; (4) a special taxing district; (5) an economic development commission established under IC 36-7-12; (6) a nonprofit corporation; (7) a corporation established under IC 23-7-1.1 (before…

Sec. 2. As used in this chapter, "fund" refers to the industrial development grant fund established by section 4 of this chapter. As added by P.L.4-2005, SEC.34.

Sec. 3. As used in this chapter, "industrial development program" means a program designed to aid economic development in Indiana and includes: (1) the construction of airports, airport facilities, and tourist attractions; (2) the construction, extension, or completion of: (A) sa…

Sec. 4. (a) The industrial development grant fund is established within the state treasury. Grants may be made from the fund to eligible entities in accordance with this chapter and the rules adopted under this chapter. (b) The corporation may receive and accept, for purposes of …

Sec. 5. (a) The secretary of commerce, subject to the approval of the governor and budget director, may direct the state comptroller to make an approved grant from the fund to an eligible entity. (b) The money granted must be used by the recipient to institute and administer an a…

Sec. 1. As used in this chapter, "sick pay plan" means a plan that: (1) provides for an employer to make payments in lieu of wages to employees on account of sickness or accident disability; and (2) meets the requirements of 42 U.S.C. 409(b) or (d). As added by Acts 1979, P.L.34,…

Sec. 2. The governor may establish a sick pay plan for state employees. If the governor establishes a sick pay plan, the general assembly may make separate appropriations for the money needed to fund the payments required under the plan. As added by Acts 1979, P.L.34, SEC.1.

Sec. 3. Each political subdivision may establish a sick pay plan for the employees of the political subdivision. If a political subdivision establishes a sick pay plan, the governing body of the political subdivision may make separate appropriations for the money needed to fund t…

Sec. 1. As used in this chapter, "law enforcement agency" has the meaning set forth in IC 5-2-17-2. As added by P.L.15-2025, SEC.1.

Sec. 2. As used in this chapter, "law enforcement officer" has the meaning set forth in IC 5-2-1-2. As added by P.L.15-2025, SEC.1.

Sec. 3. As used in this chapter, "motor vehicle" has the meaning set forth in IC 9-13-2-105. As added by P.L.15-2025, SEC.1.

Sec. 4. (a) On or before July 1, 2026, each law enforcement agency shall adopt and implement protocols requiring the law enforcement agency to notify a real property owner, in a time frame and in a manner prescribed by the law enforcement agency, of: (1) damage to the owner's rea…

Sec. 0.3. (a) The counties served by the Eastern Indiana Economic Development District comprise an area that: (1) is at a competitive disadvantage for economic development due to the area's rural character; (2) faces unique challenges because the area borders another state; (3) c…

Sec. 1. As used in this chapter, "base assessed value" means: (1) the net assessed value of all the taxable property located in a global commerce center as finally determined for the assessment date immediately preceding the effective date of the allocation provision of a resolut…

Sec. 10. As used in this chapter, "unit" means a county, city, or town. As added by P.L.203-2005, SEC.2.

Sec. 11. The corporation may do the following: (1) Designate a global commerce center pilot program under section 12 of this chapter. (2) Establish a procedure by which the global commerce center pilot program may be monitored and evaluated on an annual basis. (3) Promote the glo…

Sec. 12. (a) If a district applies to the corporation to have part of the area served by the district designated as a global commerce center, the corporation may approve the district's application if the corporation determines that the district's proposed global commerce center m…

Sec. 13. If a global commerce center is designated under section 12 of this chapter, an unlimited number of spokes may be added to the global commerce center at the discretion of the fiscal bodies of the counties served by the district and the district board. As added by P.L.203-…

Sec. 14. (a) After a global commerce center is designated under section 12 of this chapter, the district shall send to the department of state revenue: (1) a certified copy of the designation of the global commerce center under section 12 of this chapter; and (2) a complete list …

Sec. 15. (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 each global commerce center designated under this …

Sec. 16. (a) The treasurer of state shall establish an incremental tax financing fund for each global commerce center designated under this chapter. The fund shall be administered by the treasurer of state. Money in the fund does not revert to the state general fund at the end of…

Sec. 17. (a) A county fiscal body in which a hub or spoke is located may allocate three percent (3%) of the tax increment revenues attributable to the hub or spoke to the district if the county fiscal body adopts a resolution under subsection (b). (b) The county fiscal body may a…

Sec. 18. (a) A unit may issue bonds for the purpose of providing public facilities under this chapter. (b) The bonds are payable from any funds available to the unit. (c) The bonds shall be authorized by a resolution of the unit. (d) The terms and form of the bonds shall be set o…

Sec. 19. (a) The district shall establish a regional economic development fund. (b) The fund consists of: (1) revenues received under section 16 of this chapter; (2) property taxes allocated to the district under section 17 of this chapter; and (3) any other funds made available …

Sec. 2. As used in this chapter, "district" means the Eastern Indiana Economic Development District. As added by P.L.203-2005, SEC.2.

Sec. 20. A global commerce center expires fifteen (15) years after it is designated by the corporation. As added by P.L.203-2005, SEC.2.

Sec. 21. (a) The corporation may revoke the corporation's designation of a global commerce center pilot program at the discretion of the corporation. (b) Notwithstanding a revocation made under subsection (a), a debt or an obligation incurred during the period in which the global…

Sec. 3. As used in this chapter, "high technology activity" has the meaning set forth in IC 36-7-32-7. As added by P.L.203-2005, SEC.2.

Sec. 4. As used in this chapter, "hub" means a regional economic development project that is: (1) selected by a district for development as a global commerce center; and (2) designated as a global commerce center under this chapter. As added by P.L.203-2005, SEC.2.

Sec. 5. As used in this chapter, "income tax base period amount" means the total amount of local income tax (IC 6-3.6) paid by employees employed in the territory comprising a global commerce center with respect to wages and salary earned for work in the global commerce center fo…

Sec. 6. As used in this chapter, "income tax incremental amount" means the remainder of: (1) the total amount of local income tax (IC 6-3.6) paid by employees employed in the territory comprising the global commerce center with respect to wages and salary earned for work in the t…

Sec. 7. As used in this chapter, "public facilities" includes a street, a road, a bridge, a storm water or sanitary sewer, a sewage treatment facility, a facility designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, a drainage syst…

Sec. 8. As used in this chapter, "spoke" means an economic development project that is: (1) located within the area served by a district; (2) undertaken to support the activities of a hub; and (3) treated as a global commerce center under this chapter upon the approval of the dis…

Sec. 9. As used in this chapter, "tax increment revenues" means the property taxes attributable to the assessed value of property located in a global commerce center in excess of the base assessed value. As added by P.L.203-2005, SEC.2.

Sec. 1. This chapter applies to grants, loans, and tax credits: (1) applied for; and (2) awarded; after June 30, 2005. As added by P.L.222-2007, SEC.1. Amended by P.L.175-2013, SEC.4.

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 …

Sec. 2. As used in this chapter, "grant" refers to a grant given by the corporation. As added by P.L.222-2007, SEC.1.

Sec. 3. As used in this chapter, "loan": (1) refers to a loan made by the corporation, regardless of whether the loan is forgivable; and (2) includes a loan guarantee made by the corporation. As added by P.L.222-2007, SEC.1.

Sec. 4. As used in this chapter, "tax credit" means a state tax liability credit under any of the following: (1) IC 6-3.1-7 (before its expiration). (2) IC 6-3.1-13. (3) IC 6-3.1-26. (4) IC 6-3.1-30. (5) IC 6-3.1-34. As added by P.L.222-2007, SEC.1. Amended by P.L.133-2012, SEC.4…

Sec. 5. (a) 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 website; on the schedule specified in subsecti…

Sec. 6. The economic incentives and compliance report required under section 5 of this chapter must include at least the following: (1) The total for each of the following: (A) The number and amount of tax credits, loans, and grants contractually awarded by the corporation. (B) T…

Sec. 7. (a) If, in the course of compiling information to complete a report required by section 5 of this chapter or upon the receipt of any other information concerning noncompliance with the terms and conditions of an incentive granted by the corporation, the corporation determ…

Sec. 8. (a) As used in this section, "recapture provision" means language that requires the recipient of an incentive to repay some part of the incentive. (b) The corporation may waive or modify a recapture provision of this article or an agreement made with a person to whom the …

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 sectio…