economic development Archives - Page 3 of 3 - Indiana Chamber of Commerce

Economic Development: Committee Hears, Holds Central Indiana Regional Development Bill

Economic Development: Committee Hears, Holds Central Indiana Regional Development Bill

SB 350 – Central Indiana Regional Development Authority Authored by Sen. Travis Holdman (R-Markle) Sponsored by Rep. Timothy Brown (R-Crawfordsville) Authorize counties and municipalities within the Indianapolis metropolitan area to establish a central Indiana regional development authority pilot that will sunset on July 1, 2025. Requires counties and municipalities that wish to establish the development authority to adopt substantially [...]

Rebecca Patrick2020-02-21T12:49:53-05:00February 21st, 2020|

U.S. House Passes Job-Killing Minimum Wage Hike, Ignoring the Economic Pitfalls

On Thursday, the U.S. House of Representatives passed the Raising Unemployment for Americans Workers Act (H.R. 582), legislation put forth by House Democrats, 231-199. The vote was nearly along party lines, with only six Democrats opposing while three Republicans supported it. The bill’s intent is to raise the minimum wage to $15 per hour over a six-year period. The [...]

Rebecca Patrick2019-07-19T13:49:13-04:00July 19th, 2019|

Transferability of Venture Capital Tax Credit Nearing Reality; Bills on Broadband Expansion and Data Centers Headed to Governor

Transferability of Venture Capital Tax Credit Nearing Reality; Bills on Broadband Expansion and Data Centers Headed to Governor

Senate Bill 563 – Economic Development Authored by Sen. Travis Holdman (R-Markle) and Sen. Erin Houchin (R-Salem) Makes a variety of positive changes to tax policy and incentive programs intended to promote and enhance economic development. Of note, the bill allows a taxpayer to assign all or part of a venture capital investment tax credit (VCI), subject to certain [...]

Rebecca Patrick2019-04-22T14:02:13-04:00April 19th, 2019|

House Takes Up Governor’s Key Economic Development Bill

House Takes Up Governor’s Key Economic Development Bill

Senate Bill 563 – Economic Development Authored by Sen. Travis Holdman (R-Markle) Makes a variety of changes to tax policy and tax incentive programs intended to promote and enhance economic development. The major components are: (1) moving to a market-based sourcing method for income apportionment for service companies; (2) a small business innovation voucher program to assist in research; [...]

Rebecca Patrick2019-03-15T12:18:16-04:00March 15th, 2019|

Top Story: Chamber Pushing Venture Capital Transferability in Governor’s Economic Development Package

Top Story: Chamber Pushing Venture Capital Transferability in Governor’s Economic Development Package

Senate Bill 563 – Economic Development Authored by Sen. Travis Holdman (R-Markle) Makes a variety of changes to tax policy and tax incentive programs intended to promote and enhance economic development. The major components are: (1) moving to a market-based sourcing method for income apportionment for service companies; (2) a small business innovation voucher program to assist in research; [...]

Rebecca Patrick2019-02-15T13:31:03-05:00February 15th, 2019|

Indiana Chamber Announces Top Legislative Priorities for 2019

(INDIANAPOLIS) — The Indiana Chamber of Commerce wants the state Legislature to take the next steps in skilling up the workforce and fast track a water plan for the state. These priorities were among those announced today at the business organization’s annual legislative preview in Indianapolis, where General Assembly leaders also took part in a panel discussion looking ahead [...]

Rebecca Patrick2018-11-19T13:33:08-05:00November 19th, 2018|

OCRA Hosting Downtown Development Week in October

OCRA Hosting Downtown Development Week in October

Rural communities will be on display in October during a weeklong inaugural celebration by the Indiana Office of Community and Rural Affairs (OCRA) called Downtown Development Week. The celebration of cities and towns across Indiana will be October 8-12. During the week, Lt. Governor Suzanne Crouch will visit communities, determined in part by a photo contest going on now until [...]

Rebecca Patrick2018-07-12T10:37:39-04:00June 27th, 2018|

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