Carmel lawmaker wants transparency from IEDC

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

A central Indiana lawmaker wants the Indiana Economic Development Corp. to let the public know how many jobs it is actually creating.

Sen. Mike Delph, R-Carmel, said he will introduce the legislation because he believes the public is being intentionally misled. WTHR-TV Channel 13 reports that a yearlong study it conducted showed as many as 40 percent of the more than 100,000 jobs promoted by Gov. Mitch Daniels and IEDC officials from 2005 to 2010 never materialized, but the IEDC won't disclose which companies have not met their job commitments.

The IEDC says companies receive tax incentives only after they prove they have achieved their job projections. The bill Delph is introducing would require each company to include updated job and investment information that would be available to the public.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In