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Significant Progress for Indiana’s Ability to Attract the Best

By Adam H. Berry, vice president of economic development and technology * PDF version available for printing * Indiana Chamber priorities in economic development and technology received a boost during the 2019 legislative session. In particular, progress was made in the areas of talent, place, capital and innovation. Talent: Hate Crimes Bill Bolsters Hoosier Hospitality Senate Bill 198 makes [...]

2019-05-15T10:47:25-04:00May 15th, 2019|

Indiana Chamber on State’s Venture Capital Progress and What’s Next

(INDIANAPOLIS) — A major victory in the 2019 Indiana General Assembly legislative session came with lawmakers approving transferability of the state’s venture capital investment (VCI) tax credit. That step says Indiana Chamber of Commerce President Kevin Brinegar shows how far the state has come but more work remains. “Two decades ago this tool to attract vital funding to support [...]

2019-05-13T11:28:24-04:00May 13th, 2019|

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 [...]

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

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; [...]

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