§ 5-28-28-9 — Economic incentives and compliance report; statistical summary required

Indiana § 5-28-28-9

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 28: INDIANA ECONOMIC DEVELOPMENT
• Ch. 28: State Economic Incentives and Compliance Report

Text

(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.

Legislative History

As added by P.L.110-2010, SEC.14. Amended by P.L.145-2016, SEC.22.