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House Bill 1789

House Bill 1789

ARCHIVE (2003)

Latest Information

DIGEST OF HB1789 (Updated March 4, 2003 10:12 AM - DI 84)

Indiana technology talent fund. Creates the state technology advancement and retention (STAR) account to advance technology and retain graduates in Indiana. Provides for a tax on the sale of tangible personal property by vending machine operators and uses the proceeds of the tax to fund STAR beginning in 2004. Requires a vending machine owner to place an identification sticker on the face of a vending machine. Provides that, if an owner intentionally fails to display an identification sticker on a vending machine, the department of state revenue ("department") may: (1) seize and confiscate the vending machine; and (2) fine the owner not less than $1,000 and not more than $2,000. Requires vending machine operators and owners to register with the department. Programs involved include school to work tax credit, internship tax credit, funding for the statewide partnership fund, technology grants, minority training grants, apprenticeship grants, back home in Indiana grants, scientific instrument project, clean manufacturing income tax credit, clean coal technology research center, grants for the smart Indiana school smart partnership; and funding for the operations of the minority epidemiology resource center within the Indiana minority health coalition.
Current Status:
In Committee - 2nd House
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