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5-28-30-4. "High growth company with high skilled jobs"

IN Code § 5-28-30-4 (2019) (N/A)
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Sec. 4. As used in this chapter, "high growth company with high skilled jobs" means a company that satisfies all the following conditions:

(1) The company:

(A) had at least a fifteen percent (15%) average annual growth in company earnings during the past three (3) years;

(B) is entering a new product or process area; or

(C) is classified in an industry that had at least a fifteen percent (15%) average annual growth in earnings during the past three (3) years.

(2) The company has a substantial number of employees in jobs:

(A) requiring postsecondary education or its equivalent; or

(B) that are in occupational codes classified as high skill by the Bureau of Labor Statistics, United States Department of Labor.

(3) The company has a substantial number of employees that earn at least one hundred fifty percent (150%) of Indiana per capita personal income.

As added by P.L.162-2007, SEC.25.

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