Skip to main content
Find a Lawyer

Indiana Code Title 5. State and Local Administration § 5-28-28-6

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 6. The economic incentives and compliance report required under section 5 of this chapter must include at least the following:

(1) The total for each of the following:

(A) The number and amount of tax credits, loans, and grants contractually awarded by the corporation.

(B) The amount of investments made by the recipients of the tax credits, loans, and grants.

(C) The number of actual jobs created and the number of jobs expected through the reporting year, as reviewed by an independent auditing firm chosen by the corporation.

(D) The amount of recaptured incentives for the reporting year and the total number of recipients.

(E) The number and amount of tax credits claimed for the reporting year, as reported by the department of state revenue to the corporation by December 31 of each year.

(2) With respect to each recipient of a tax credit, loan, or grant referred to in subdivision (1), the following:

(A) The name, county, and municipality (if any) of the recipient.

(B) The amount of tax credits certified to the recipient, and the amount of grants and loans actually paid out, during the term of the agreement.

(C) The purpose of the tax credit, loan, or grant.

(D) The performance goals for the reporting year, including the following:

(i) Numbers of employees to be hired, retained, or trained.

(ii) If a financial investment by the recipient was a condition for providing an incentive, the amount of the financial investment that the recipient expects to make in Indiana as a result of the project for which the incentive was granted.

(E) Certification by the corporation that the recipient is complying with the terms of the incentive agreement.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Indiana Code Title 5. State and Local Administration § 5-28-28-6 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-5-state-and-local-administration/in-code-sect-5-28-28-6/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard