Indiana defense task force funding for fiscal years 2025-26 and 2026-27.

The bill mandates that specific funds appropriated for state fiscal years 2025-26 and 2026-27 must be used exclusively to support priorities identified by the Indiana defense task force. The Indiana economic development corporation must consult with, and receive approval from, the task force before obligating or expending these funds. The Indiana economic development corporation must report on the use of these funds and their alignment with task force priorities to the budget committee and the legislative council. The bill is effective July 1, 2025, and expires June 30, 2027.

Indiana defense task force funding for fiscal years 2025-26 and 2026-27.

The bill mandates that specific funds appropriated for state fiscal years 2025-26 and 2026-27 must be used exclusively to support priorities identified by the Indiana defense task force. The Indiana economic development corporation must consult with, and receive approval from, the task force before obligating or expending these funds. The Indiana economic development corporation must report on the use of these funds and their alignment with task force priorities to the budget committee and the legislative council. The bill is effective July 1, 2025, and expires June 30, 2027.