5-28-28-9. Economic incentives and compliance report; statistical summary required

IN Code § 5-28-28-9 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 9. (a) The economic incentives and compliance report required under section 5 of this chapter must include an annual report containing summary statistics on the effectiveness of and compliance with all incentives granted by the corporation. The report required by this section must describe:

(1) the overall compliance with the terms and conditions of incentives provided; and

(2) penalties imposed for failure to comply with the terms and conditions of incentives provided.

The report must also be submitted to the general assembly in an electronic format under IC 5-14-6.

(b) Upon request, the corporation shall make available:

(1) information specifying each person's compliance with its incentive agreement and any incentive that had to be reduced or paid back as a result of noncompliance with an incentive agreement;

(2) information stating, for each incentive recipient, the total incentive provided for each job created, computed from the date the incentive is granted through June 30 of the year of the report;

(3) information concerning all waivers or modifications under section 8 of this chapter; and

(4) information describing all hearings and determinations under IC 5-28-6-6.

As added by P.L.110-2010, SEC.14. Amended by P.L.145-2016, SEC.22.