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Regional Economic Development Returns as Focus

SB 377 / Chamber Neutral In 2021, we had READI (the Regional Economic Acceleration and Development Initiative). In 2023, we had READI 2.0. Leading up to 2025, we heard repeatedly that there would be no READI 3.0 and likely little, if any, funds allocated for regional economic development – certainly not another $500 million tranche. Time will tell if [...]

2025-01-28T16:51:25-05:00January 28th, 2025|

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|

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|