Indiana 2025 Regular Session

Indiana Senate Bill SB0020 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1
2	2	Introduced Version
3	3	SENATE BILL No. 20
4	4	_____
5	5	DIGEST OF INTRODUCED BILL
6	6	Citations Affected: IC 4-1-14; IC 5-28-6-2.
7	7	Synopsis: Economic development and foreign trade. Requires the
8	8	governor to terminate any contract or other agreement entered into
9	9	between the state and an economic development partner that is based
10	10	in or owned by a foreign adversary. Prohibits the Indiana economic
11	11	development corporation from establishing a foreign office if the
12	12	foreign office sought to be opened is located in the territory of a foreign
13	13	adversary.
14	14	Effective: May 15, 2025.
15	15	Bohacek
16	16	January 8, 2025, read first time and referred to Committee on Homeland Security and
17	17	Transportation.
18	18	2025 IN 20—LS 6208/DI 129 Introduced
19	19	First Regular Session of the 124th General Assembly (2025)
20	20	PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
21	21	Constitution) is being amended, the text of the existing provision will appear in this style type,
22	22	additions will appear in this style type, and deletions will appear in this style type.
23	23	Additions: Whenever a new statutory provision is being enacted (or a new constitutional
24	24	provision adopted), the text of the new provision will appear in this style type. Also, the
25	25	word NEW will appear in that style type in the introductory clause of each SECTION that adds
26	26	a new provision to the Indiana Code or the Indiana Constitution.
27	27	Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts
28	28	between statutes enacted by the 2024 Regular Session of the General Assembly.
29	29	SENATE BILL No. 20
30	30	A BILL FOR AN ACT to amend the Indiana Code concerning state
31	31	offices and administration.
32	32	Be it enacted by the General Assembly of the State of Indiana:
33	33	1 SECTION 1. IC 4-1-14 IS ADDED TO THE INDIANA CODE AS
34	34	2 A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE MAY
35	35	3 15, 2025]:
36	36	4 Chapter 14. Termination of Contracts with Foreign Adversaries
37	37	5 Sec. 1. As used in this chapter, "foreign adversary" has the
38	38	6 meaning set forth in 15 CFR 791.4 (as in effect on September 1,
39	39	7 2024).
40	40	8 Sec. 2. As used in this chapter, "the state" means an agency,
41	41	9 authority, board, branch, commission, committee, department,
42	42	10 division, or other instrumentality of either of the following:
43	43	11 (1) The executive, including the administrative, department of
44	44	12 state government.
45	45	13 (2) A body corporate and politic created by statute.
46	46	14 Sec. 3. Notwithstanding any other law, before July 1, 2025, the
47	47	15 governor, on behalf of the state, shall terminate any contract or
48	48	16 other agreement entered into between the state and an economic
49	49	17 development partner that is based in or owned by a foreign
50	50	2025 IN 20—LS 6208/DI 129 2
51	51	1 adversary.
52	52	2 SECTION 2. IC 5-28-6-2, AS AMENDED BY P.L.197-2021,
53	53	3 SECTION 7, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
54	54	4 MAY 15, 2025]: Sec. 2. (a) The corporation shall develop and promote
55	55	5 programs designed to make the best use of Indiana resources to ensure
56	56	6 a balanced economy and continuing economic growth for Indiana, and,
57	57	7 for those purposes, may do the following:
58	58	8 (1) Cooperate with federal, state, and local governments and
59	59	9 agencies in the coordination of programs to make the best use of
60	60	10 Indiana resources, based on a statewide study to determine
61	61	11 specific economic sectors that should be emphasized by the state
62	62	12 and by local economic development organizations within
63	63	13 geographic regions in Indiana, and encourage collaboration with
64	64	14 local economic development organizations within geographic
65	65	15 regions in Indiana and with the various state economic
66	66	16 development organizations within the states contiguous to
67	67	17 Indiana.
68	68	18 (2) Receive and expend funds, grants, gifts, and contributions of
69	69	19 money, property, labor, interest accrued from loans made by the
70	70	20 corporation, and other things of value from public and private
71	71	21 sources, including grants from agencies and instrumentalities of
72	72	22 the state and the federal government. The corporation:
73	73	23 (A) may accept federal grants for providing planning
74	74	24 assistance, making grants, or providing other services or
75	75	25 functions necessary to political subdivisions, planning
76	76	26 commissions, or other public or private organizations;
77	77	27 (B) shall administer these grants in accordance with the terms
78	78	28 of the grants; and
79	79	29 (C) may contract with political subdivisions, planning
80	80	30 commissions, or other public or private organizations to carry
81	81	31 out the purposes for which the grants were made.
82	82	32 (3) Direct that assistance, information, and advice regarding the
83	83	33 duties and functions of the corporation be given to the corporation
84	84	34 by an officer, agent, or employee of the executive branch of the
85	85	35 state. The head of any other state department or agency may
86	86	36 assign one (1) or more of the department's or agency's employees
87	87	37 to the corporation on a temporary basis or may direct a division
88	88	38 or an agency under the department's or agency's supervision and
89	89	39 control to make a special study or survey requested by the
90	90	40 corporation.
91	91	41 (b) The corporation shall perform the following duties:
92	92	42 (1) Develop and implement industrial development programs to
93	93	2025 IN 20—LS 6208/DI 129 3
94	94	1 encourage expansion of existing industrial, commercial, and
95	95	2 business facilities in Indiana and to encourage new industrial,
96	96	3 commercial, and business locations in Indiana.
97	97	4 (2) Assist businesses and industries in acquiring, improving, and
98	98	5 developing overseas markets and encourage international plant
99	99	6 locations in Indiana. The corporation, with the approval of the
100	100	7 governor, may establish foreign offices to assist in this function.
101	101	8 However, the corporation may not establish, and the governor
102	102	9 may not approve, the establishment of a foreign office if the
103	103	10 foreign office sought to be opened is located in the territory of
104	104	11 a foreign adversary (as defined in 15 CFR 791.4 (as in effect
105	105	12 on September 1, 2024)).
106	106	13 (3) Promote the growth of minority business enterprises by doing
107	107	14 the following:
108	108	15 (A) Mobilizing and coordinating the activities, resources, and
109	109	16 efforts of governmental and private agencies, businesses, trade
110	110	17 associations, institutions, and individuals.
111	111	18 (B) Assisting minority businesses in obtaining governmental
112	112	19 or commercial financing for expansion or establishment of
113	113	20 new businesses or individual development projects.
114	114	21 (C) Aiding minority businesses in procuring contracts from
115	115	22 governmental or private sources, or both.
116	116	23 (D) Providing technical, managerial, and counseling assistance
117	117	24 to minority business enterprises.
118	118	25 (4) Assist the office of the lieutenant governor in:
119	119	26 (A) community economic development planning;
120	120	27 (B) implementation of programs designed to further
121	121	28 community economic development; and
122	122	29 (C) the development and promotion of Indiana's tourist
123	123	30 resources.
124	124	31 (5) Assist the secretary of agriculture and rural development in
125	125	32 promoting and marketing of Indiana's agricultural products and
126	126	33 provide assistance to the director of the Indiana state department
127	127	34 of agriculture.
128	128	35 (6) With the approval of the governor, implement federal
129	129	36 programs delegated to the state to carry out the purposes of this
130	130	37 article.
131	131	38 (7) Promote the growth of small businesses by doing the
132	132	39 following:
133	133	40 (A) Assisting small businesses in obtaining and preparing the
134	134	41 permits required to conduct business in Indiana.
135	135	42 (B) Serving as a liaison between small businesses and state
136	136	2025 IN 20—LS 6208/DI 129 4
137	137	1 agencies.
138	138	2 (C) Providing information concerning business assistance
139	139	3 programs available through government agencies and private
140	140	4 sources.
141	141	5 (8) Establish a transparency portal on its current Internet site on
142	142	6 the world wide web. The page must provide the following:
143	143	7 (A) By program, cumulative information on the total amount
144	144	8 of incentives awarded, the total number of companies that
145	145	9 received the incentives and were assisted in a year, and the
146	146	10 names and addresses of those companies.
147	147	11 (B) A mechanism on the page whereby the public may request
148	148	12 further information online about specific programs or
149	149	13 incentives awarded.
150	150	14 (C) A mechanism for the public to receive an electronic
151	151	15 response.
152	152	16 (D) Access to the following:
153	153	17 (i) Any information or report that is required by statute to be
154	154	18 included in the economic incentives and compliance report
155	155	19 submitted under IC 5-28-28.
156	156	20 (ii) Final offer of public financial resources to which the
157	157	21 corporation is a party.
158	158	22 (iii) Reports that the corporation submitted to the general
159	159	23 assembly.
160	160	24 (c) The corporation may do the following:
161	161	25 (1) Disseminate information concerning the industrial,
162	162	26 commercial, governmental, educational, cultural, recreational,
163	163	27 agricultural, and other advantages of Indiana.
164	164	28 (2) Plan, direct, and conduct research activities.
165	165	29 (3) Assist in community economic development planning and the
166	166	30 implementation of programs designed to further community
167	167	31 economic development.
168	168	32 SECTION 3. An emergency is declared for this act.
169	169	2025 IN 20—LS 6208/DI 129