Indiana SB0203 amends economic development corporation duties, board composition, and transparency measures.
Indiana SB0203 revises the Indiana economic development corporation's duties, board composition, and transparency measures. The bill mandates the corporation to analyze the impact of economic development investments on utility service costs to ratepayers. It requires the state board of accounts to act as the economic development ombudsman, overseeing the corporation and its nonprofit subsidiary. The bill also modifies the board's composition, including the appointment of nonvoting, advisory members from the general assembly.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.