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QUICK TAKES: Trio of Prescription Drug Bills Receive Their Fate; Funding Measures Approved for Regional Economic Development, Certified Tech Parks

Senate Bill 62 (Prescription Drug Rebates and Pricing), authored by Sen. Vaneta Becker (R-Evansville) and opposed by the Indiana Chamber, died this week. Much credit has to be given to Sen. Liz Brown (R-Fort Wayne) for three of four amendments that she filed on second reading. The amendments required disclosure of drug pricing of wholesalers, pharmacies and manufacturers. (The [...]

2021-02-26T11:56:55-05:00February 26th, 2021|

Significant Regional Economic Development Legislation and Bill Supporting Certified Technology Parks Clear Committee

SB 215 – Redevelopment Projects Authored by Sen. Travis Holdman (R-Markle) Provides that the expiration date of an allocation area established by the redevelopment commission of a qualified city for the purpose of financing a mixed use development project only may not be more than 50 years. Authorizes a qualified city to enter into leases financed with incremental tax [...]

2021-02-19T13:43:11-05:00February 19th, 2021|

Ways and Means Committee Amends, Passes 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 [...]

2020-02-28T13:14:46-05:00February 28th, 2020|

Economic Development: Committee Passes Regional Economic Development Legislation

SB 350 – Central Indiana Regional Development Authority Authored by Sen. Travis Holdman (R-Markle) 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 similar resolutions to adopt a preliminary [...]

2020-01-31T14:35:21-05:00January 31st, 2020|