In 2023, the Indiana Chamber loudly championed pro-economy, pro-jobs legislation and staunchly opposed efforts to harm free enterprise. Translating that advocacy to dollars reveals it was the highest ever return for businesses on their Indiana Chamber membership investment. Hoosier businesses received savings of $4.1 billion, which equals $1,451 for every Indiana employee!
That was achieved by the Indiana Chamber supporting legislation to enhance the state’s business tax climate and economic development efforts, as well as opposing potential obstacles in the employer/employee relationship.
Top Bills by Fiscal Impact
- Savings on business share of decreased pension returns (HB 1008): $1.93 billion; $682.92/employee
- Defeated – Exorbitant fees on hospital revenues (SB 387): $350 million; $123.65/ employee
- Economic development and investment tax credits (HB 1001): $250 million; $88.32/employee
- Savings resulting from paying down unfunded pension obligations (HB 1001): $211 million; $74.69/employee
- Defeated – Increased unemployment benefits (SB 421): $199 million; $70.31/employee
- Individual income tax reduction (HB 1001): $163 million; $57.59/employee
- Broaden efforts to remediate environmental impingements (SB 246): $128 million; $45.22/employee
For the full list of bills included in this year’s financial analysis, visit www.indianachamber.com/roi.
The Indiana Chamber is among the largest organizations of its kind in the country. Our successes are possible due to the volunteer efforts of business leaders across the state. We look forward to your membership and continued support, working with you to help generate success and helping make Indiana the best place to work and live.
If you are not an Indiana Chamber member, learn more about how the organization can help you grow your business.
