Bill seeks more Ind. development agency openness
Associated Press December 26, 2012 3:54PM
Updated: December 26, 2012 8:20PM
INDIANAPOLIS — A central Indiana lawmaker wants the Indiana Economic Development Corp. to let the public know how many jobs it actually helps create.
Republican Sen. Mike Delph of Carmel says he will introduce the legislation because he believes the public is being intentionally misled.
WTHR-TV reports that a yearlong study it conducted showed as many as 40 percent of the more than 100,000 jobs promoted by Gov. Mitch Daniels and agency officials from 2005 to 2010 never materialized, but the IEDC won’t disclose which companies have not met their job commitments.
The IEDC says companies receive tax incentives only after they prove they’ve achieved their job projections.
The bill Delph is introducing would require each company to include updated job and investment information that would be available to the public.