Indiana Statutes

§ 5-28-30-4 — "High growth company with high skilled jobs"

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 28 INDIANA ECONOMIC DEVELOPMENT·Ch. 30 Industrial Development Loan Guaranty Program

As used in this chapter, "high growth company with high skilled jobs" means a company that satisfies all the following conditions:

(1)The company:
(A)had at least a fifteen percent (15%) average annual growth in company earnings during the past three (3) years;
(B)is entering a new product or process area; or
(C)is classified in an industry that had at least a fifteen percent (15%) average annual growth in earnings during the past three
(3)years.
(2)The company has a substantial number of employees in jobs:
(A)requiring postsecondary education or its equivalent; or
(B)that are in occupational codes classified as high skill by the Bureau of Labor Statistics, United States Department of Labor.
(3)The company has a substantial number of employees that earn at least one hundred fifty

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Legislative History

As added by P.L.162-2007, SEC.25.

Nearby Sections

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