Economic development tax credits.

Summary

The proposal amends the Economic Development for a Growing Economy (EDGE) tax credit so the Indiana Economic Development Corporation can add up to $10,000 for a company's expenses relocating a new employee to Indiana and can grant credits when a company keeps an employee who receives at least a 25% wage raise. It also clarifies how the IEDC certifies qualified Indiana investment funds. The changes are intended to make the credit more attractive for businesses that create jobs, move workers into the state, or raise wages for existing staff.

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