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Just wondering… if a company like Formstack receives incentives from the State of Indiana then subsequently moves out of state, can those incentives be recaptured? Or are Indiana taxpayers just SOL? I don’t know Formstack received any incentives or not.
Sure would hope there is some sort of “claw back” provision in these bloated taxpayer giveaways.
“The company has fallen well short of those employment numbers and hasn’t received any incentives on the agreement to date, according to the IEDC’s Transparency Portal.”
There’s nothing to claw back.
Time to rethink our renewal. Sounds like they are circling the drain.