HB 1403 establishes the Indiana Regional City Fund to provide grants and loans to regional development authorities. Provides that the Indiana Economic Development Corporation administers the fund. Provides that a city or town that is eligible to become a second-class city may become a member of a regional development authority.
The Indiana Chamber testified in support of HB 1403, joining many others. The Indiana Chamber endorses regionalism and place-making economic development strategies that this legislation seeks to enable. Both have proven effective and both are in line with the Chamber’s Indiana Vision 2025 economic development plan. How to fund the state portion of the regional cities initiative remains an open question and one which the Indiana Chamber is prepared to work with legislative leaders to find an answer.
The bill was heard in the House Ways and Means Committee on Monday. No vote taken; eligible for further committee action.
Furthermore, see the article on the Regional Cities Initiative in the January/February edition of BizVoice magazine.
HB 1036 removes the requirement that the General Assembly enact a statute authorizing the construction of I-69 in Perry Township (Marion County) before I-69 may be constructed in Perry Township.
The Indiana Chamber, along with many others, testified in support of HB 1036; no party testified in opposition to the bill. There is no valid reason that the current prohibition for I-69 in Perry Township, Marion County should exist in law. The Chamber’s position: The current prohibition should be repealed; all potential routes for the final section of I-69 should be objectively studied by the appropriate agencies of both the federal and state governments; and the route with the least environmental and best economic impact for the state should be chosen upon the merits, not upon any political clout or other considerations.
This bill was heard in the House Roads and Transportation Committee on Wednesday. No vote taken; eligible for further committee action.