Introduced Version
HOUSE BILL No. 1264
_____
DIGEST OF INTRODUCED BILL
Citations Affected: IC 5-28-5-17.
Synopsis: Nondisclosure agreements in economic development.
Provides that the Indiana economic development corporation, the state,
any instrumentality of the state, or any other public authority, or any
party negotiating on behalf of any of those entities, may not, after June
30, 2025, enter into an economic development agreement or contract
that contains any provision, clause, or language that provides that the
agreement or contract, or any of its terms, is confidential, or that the
parties to the agreement or contract are prohibited from disclosing,
discussing, describing, or commenting upon the terms of the agreement
or contract.
Effective: July 1, 2025.
Greene
January 9, 2025, read first time and referred to Committee on Government and Regulatory
Reform.
2025 IN 1264—LS 6043/DI 134 Introduced
First Regular Session of the 124th General Assembly (2025)
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
Constitution) is being amended, the text of the existing provision will appear in this style type,
additions will appear in this style type, and deletions will appear in this style type.
Additions: Whenever a new statutory provision is being enacted (or a new constitutional
provision adopted), the text of the new provision will appear in this style type. Also, the
word NEW will appear in that style type in the introductory clause of each SECTION that adds
a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts
between statutes enacted by the 2024 Regular Session of the General Assembly.
HOUSE BILL No. 1264
A BILL FOR AN ACT to amend the Indiana Code concerning state
and local administration.
Be it enacted by the General Assembly of the State of Indiana:
1 SECTION 1. IC 5-28-5-17 IS ADDED TO THE INDIANA CODE
2 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY
3 1, 2025]: Sec. 17. (a) This section applies to agreements or contracts
4 for economic development entered into after June 30, 2025, that
5 contain economic development provisions, including:
6 (1) tax incentives;
7 (2) payments in lieu of taxes;
8 (3) tax abatements;
9 (4) bonds;
10 (5) notes;
11 (6) loans;
12 (7) grants;
13 (8) rebates; or
14 (9) any other economic development incentive.
15 (b) Notwithstanding any other law, the corporation, the state,
16 any instrumentality of the state, or any other public authority, or
17 any party negotiating on behalf of the corporation, the state, any
2025 IN 1264—LS 6043/DI 134 2
1 instrumentality of the state, or any other public authority, may not
2 enter into an agreement, or contract for economic development
3 described in subsection (a) that contains any provision, clause, or
4 language that provides that the agreement or contract, or any of its
5 terms, is confidential, or that the parties to the agreement or
6 contract are prohibited from disclosing, discussing, describing, or
7 commenting upon the terms of the agreement or contract.
2025 IN 1264—LS 6043/DI 134