The bill stipulates that qualifying remote worker expenses include costs related to relocation, computer equipment, broadband services, coworking space memberships, and personal Indiana income taxes. These grants are aimed at economic development by attracting a skilled workforce to the state, which could positively affect local economies and communities. The Indiana Destination Development Corporation will administer the program, responsible for certifying expenses and workers before grants are awarded.
Summary
House Bill 1259 establishes a New Remote Worker Grant Program aimed at incentivizing individuals to move to and work remotely from Indiana. The bill defines 'new remote workers' as individuals who either recently graduated from an institution of higher education, earned an industry-recognized credential, or have not been residents of Indiana for the past three consecutive years. To be eligible for the grant, these workers must establish full-time residency in Indiana and perform the majority of their work duties remotely from a home office or coworking space within the state.
Contention
While proponents of HB 1259 argue that it will bolster the state's economy by drawing remote workers and facilitating their transition, critics may voice concerns over the allocation of state funds for these grants and whether they effectively stimulate sustainable economic growth. Additionally, there may be questions about the adequacy of support for established local businesses and workers within Indiana, raising issues around job equality and resource allocation.