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Introduced Senate Bill (S)

DIGEST

Economic incentives reporting and classroom training. Requires the Indiana economic development corporation (IEDC) to include in its annual economic incentives compliance report: (1) the number and amount of tax credits awarded to; and (2) the number of investments in the form of loans and grants made to; companies that qualify as a women's business enterprise, a minority business enterprise, or a veteran owned small business. Requires the trustees of the next level Indiana fund investment board to report to the budget committee every six months concerning the number of investments and the amount of money invested in companies that qualify Economic incentives reporting and classroom training. Requires the Indiana economic development corporation (IEDC) to include in its annual economic incentives compliance report: (1) the number and amount of tax credits awarded to; and (2) the number of investments in the form of loans and grants made to; companies that qualify as a women's business enterprise, a minority business enterprise, or a veteran owned small business. Requires the trustees of the next level Indiana fund investment board to report to the budget committee every six months concerning the number of investments and the amount of money invested in companies that qualify as a women's business enterprise, a minority business enterprise, or a veteran owned small business. Urges the legislative council to assign the following study committee topics during the 2021 interim: (1) Whether, and in what form, the state should encourage robotics classes and clubs for students in kindergarten through grade 12. (2) How to connect more industry professionals to the classroom and remove existing barriers to the licensure process. (3) Whether there is merit to offering incentives for industry professionals to teach or partner, or both, with local businesses to provide training for the technology industry and other high demand and high wage jobs. ... View more