may not represent organized labor.
(J) One (1) person appointed by the president of Ball
State University who must be employed in or retired from the private or nonprofit sector or academia, but may not represent organized labor.
(K) One (1) person appointed by the president of the
University of Southern Indiana who must be employed in or retired from the private or nonprofit sector or academia, but may not represent organized labor.
(L) One (1) person appointed by the president of Ivy
Tech State College who must be employed in or retired from the private or nonprofit sector or academia, but may not represent organized labor.
(M) One (1) person appointed by the president of Vincennes University who must be employed in or
retired from the private or nonprofit sector or academia, but may not represent organized labor.
(3) The governor and lieutenant governor shall coordinate their appointments under subsection (a)(2)(A) and (a)(2)(B) so that those appointments include at least one (1) representative from each of the following industry sectors:
(A) Advanced manufacturing, such as automotive, electronics, aerospace, robotics, or engineering design technology.
(B) Information technology, such as informatics,
certified network administration, software development, or fiber optics.
(C) Life sciences, such as orthopedics, medical devices, biomedical research and development, pharmaceutical manufacturing, agribusiness, nanotechnology, or
(D) Logistics, such as high technology distribution,
or flow and storage of goods, services, and information.
(E) Public utilities (as defined in IC 8-1-2-1 ).
(4) The terms of office of the members of the corporation are as follows:
(A) Members appointed by the governor, lieutenant governor, president pro tempore of the senate, or minority leader of the senate serve for terms of four (4) years.
(B) Members appointed by the speaker of the house of
representatives, the minority leader of the house of representatives, or the president of a university or college serve for terms of two (2) years.
Each member shall hold office for the term of appointment and shall continue to serve after expiration of the appointment until a successor is appointed and qualified. Members are eligible for reappointment.
(5) The governor may designate a member of the board
appointed by the governor under subsection (a)(2)(A) of this
section to serve as chairperson. However, if the governor
does not designate a chairperson, the members
shall elect a chairperson from among the members.
(6) Fourteen (14) members constitute a quorum for the transaction of business. The affirmative vote of at least eleven (11) members is necessary for any action to be taken by the corporation. Members may vote by written proxy delivered in advance to any other member who is present at the meeting.
(7) Meetings of the corporation shall be held at the call of the chairperson or whenever any five (5) members request a meeting. The members shall meet at least once every three (3) months to attend to the business of the corporation.
(8) The corporation shall determine qualifications, duties, compensation, and terms of service for persons designated in subsection (a)(9) and subsection(a)(10).
(3) the governor shall serve as chairman of the board of the
corporation, and the lieutenant governor shall serve as the chief
executive officer of the corporation;
(4) (9) the governor shall appoint as vice chairman of the board
a member of the board engaged in private enterprise; the board
shall elect an executive director of the corporation;
(5) (10) the lieutenant governor executive director of the
corporation shall be responsible as chief executive officer for
overseeing implementation of the state's economic development
plan as articulated by the corporation board and shall oversee
the activities of the corporation's chief operating officer
(6) the governor may appoint an executive committee composed
of members of the board (size and structure of the executive
committee shall be set by the articles and bylaws of the
(7) (11) the corporation may receive funds from any source and
may expend funds for any activities necessary, convenient, or
expedient to carry out its purposes;
(8) (12) any amendments to the articles of incorporation or
bylaws of the corporation must be approved by the governor;
(9) (13) the corporation shall submit an annual report to the
governor , lieutenant governor and to the Indiana general
assembly on or before the first day of November for each year;
(10) (14) the corporation shall conduct an annual public hearing
to receive comment from interested parties regarding the annual
report, and notice of the hearing shall be given at least fourteen
(14) days prior to the hearing in accordance with
(11) (15) the corporation is subject to an annual audit by the
state board of accounts, and the corporation shall bear the full
costs of this audit.
a refundable credit against the eligible taxpayer's state income tax
liability. The amount of the tax credit is equal to the amount of the
provisional credit awarded to the eligible taxpayer in the academic
year that corresponds to the number of taxable years following the
eligible taxpayer's graduation as follows:
Taxable year following Academic year in the
(b) If the amount of the credit under this chapter exceeds the eligible taxpayer's state tax liability for the taxable year, the excess shall be refunded to the eligible taxpayer.
Sec. 4. To obtain the credit provided by this chapter, an eligible taxpayer must file with the department information proving the amount of the provisional tax credits awarded to the eligible taxpayer as a student participating in the Indiana growth scholars program and any other information required by the department."
SOURCE: IC 20-12-20.3; (03)PD4456.2. --> Page 75, between lines 22 and 23, begin a new paragraph and insert:
"SECTION 65. IC 20-12-20.3 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2003]:
Chapter 20.3. Indiana Growth Scholars Program
Sec. 1. As used in this chapter, "certified degree program" has the meaning set forth in IC 22-4.1-7-1.
Sec. 2. As used in this chapter, "commission" refers to the student assistance commission established by IC 20-12-21-4.
Sec. 3. As used in this chapter, "eligible employer" means an employer that provides employment to an eligible student in targeted employment (as defined in IC 22-4.1-7-6 ) through the internship component of a certified degree program under IC 22-4.1-7. The term includes the following:
(1) A person (as defined in IC 6-3-1-14 ) acting as a sole proprietor.
(2) A corporation (as defined in IC 6-3-1-10 ).
(3) A partnership (as defined in IC 6-3-1-19 ).
Sec. 4. As used in this chapter, "eligible student" means a student (as defined in IC 22-4.1-7-5 ) who:
(1) is enrolled full time as an undergraduate in a certified degree program through an institution of higher learning;
(2) is an Indiana resident;
(3) has achieved a Core 40 or an Academic Honors Diploma, or the equivalent of a Core 40 or an Academic Honors Diploma, as determined by the commission; and
(4) has a cumulative high school grade point average of at least 3.0 on a 4.0 scale.
The commission may impose additional eligibility requirements, including requirements set forth in IC 20-12-21-6.
Sec. 5. As used in this chapter, "institution of higher learning"
(1) a state educational institution (as defined in IC 20-12-0.5-1 ); or
(2) a private institution of higher education (as defined in IC 20-12-63-3 (10)).
Sec. 6. (a) The Indiana growth scholars program is established.
(b) The commission shall administer the program.
Sec. 7. The executive director of the commission may employ or contract for clerical and professional staff and administrative support necessary to implement this chapter.
Sec. 8. (a) The commission shall award a provisional tax credit to an eligible student who:
(1) is enrolled in good standing in a certified degree program;
(2) enters into an agreement with the commission under this chapter; and
(3) complies with the requirements established under the rules of the commission.
(b) An eligible student may not claim a tax credit against the student's Indiana adjusted gross income tax under this chapter. However, proof of the provisional tax credit awarded under this chapter may be used to obtain a tax credit under IC 6-3.1-25 in a taxable year that begins after the eligible student graduates from a certified degree program and remains eligible for a tax credit under the requirements of IC 6-3.1-25.
Sec. 9. (a) The amount of a provisional tax credit awarded under section 8 of this chapter may be up to two thousand dollars ($2,000) per academic year.
(b) The commission may not award total provisional tax credits in excess of twenty-eight million dollars ($28,000,000) for any academic year. Furthermore, the commission must limit the award of provisional tax credits for the 2003-2004 academic year so that the total amount of tax credits claimed under this chapter for the 2005 taxable year does not exceed seven million five hundred thousand dollars ($7,500,000).
(c) The commission may consider any of the following factors in determining the amount of the grant to award under section 8 of this chapter:
(1) Whether an eligible student is enrolled in a certified degree program for less than a full academic year.
(2) Whether a student receives additional aid from other state assistance programs.
(3) Any other factor set forth in the rules of the commission.
Sec. 10. An eligible student must enter into an agreement with the commission to be eligible for a provisional tax credit under this chapter. The agreement must include the following requirements:
(1) The eligible student must remain enrolled in good standing in a certified degree program during the academic year.
(2) The eligible student must remain and be employed in Indiana after the student graduates from the certified degree program for a period of years equal to the number of years
for which the student received a provisional tax credit under
The agreement may include any other provisions that the commission considers necessary to administer this chapter.
Sec. 11. The commission shall enter into agreements with institutions of higher learning to implement this chapter.
Sec. 12. The commission may adopt rules under IC 4-22-2 that are necessary or appropriate to implement this chapter. The rules that are adopted under this chapter may include rules establishing different standards or procedures for resident and nonresident students.".
Page 82, between lines 38 and 39, begin a new paragraph and insert:
"SECTION 69. [EFFECTIVE JULY 1, 2003] (a) As used in this SECTION, "commission" refers to the government efficiency commission established by subsection (c).
(b) As used in this SECTION, "state educational institution" has the meaning set forth in IC 20-12-0.5-1.
(c) The government efficiency commission is established.
(d) The commission consists of the following members:
(1) One (1) co-chairperson appointed before July 16, 2003, by the president pro tempore of the senate.
(2) One (1) co-chairperson appointed before July 16, 2003, by the speaker of the house of representatives.
(3) Ten (10) members appointed before August 16, 2003, by the president pro tempore of the senate, five (5) of those members appointed with the advice and consent of the minority leader of the senate.
(4) Ten (10) members appointed before August 16, 2003, by the speaker of the house of representatives, five (5) of those members appointed with the advice and consent of the minority leader of the house of representatives.
(e) The following may not be members of the commission:
(1) An elected or appointed state or local official.
(2) An employee or a person receiving a pension or other retirement benefit related to service to any of the following:
(A) A state educational institution.
(B) A school corporation or a charter school.
(C) The state or any agency of the state.
(3) A person who has a direct business relationship with any of the following:
(A) A state educational institution.
(B) A public school corporation.
(C) The state or any agency of the state.
(D) An elected or appointed state agency official.
(E) The general assembly or any of its members.
(f) A member of the commission is not entitled to a salary per diem.
(g) A member of the commission is entitled to reimbursement for traveling expenses and other expenses actually incurred in connection with the member's duties, as provided in the legislative
council's travel policies and procedures.
(h) The commission shall meet upon the call of the co- chairpersons.
(i) The co-chairpersons may advise the president pro tempore of the senate, the minority leader of the senate, the speaker of the house of representatives, and the minority leader of the house of representatives concerning the appointment of other members of the commission.
(j) A quorum of the commission must be present to conduct business. A quorum consists of a majority of the voting members appointed to the commission.
(k) The commission may not take an official action unless the official action has been approved by at least a majority of the voting members appointed to serve on the commission.
(l) The co-chairpersons shall establish and appoint commission members to four (4) subcommittees as follows:
(1) The K-12 education subcommittee.
(2) The higher education subcommittee.
(3) The Medicaid and human services subcommittee.
(4) The general government subcommittee.
(m) The co-chairpersons shall name the chairperson of each subcommittee.
(n) The commission shall do the following:
(1) Review all state funded agencies, departments, and programs.
(2) Make recommendations to improve efficiency and reduce waste or other unnecessary costs associated with any state funded agency, department, or program.
(o) The following persons shall serve as staff advisers to the commission:
(1) The state budget director.
(2) The commissioner of the commission for higher education.
(3) The Indiana state board of education administrator.
(4) The executive director of the legislative services agency.
(p) The commission shall provide its final recommendations before December 31, 2004, to the following:
(1) The governor.
(2) The general assembly.
(g) This SECTION expires January 1, 2005.
SECTION 70. [EFFECTIVE JANUARY 1, 2004]: No later than April 1, 2004, the board in SECTION 1 shall amend its bylaws in accordance with IC 4-3-14-4 as amended by this act."
Renumber all SECTIONS consecutively.
(Reference is to HB 2008 as printed February 26, 2003.)
Your Committee of One, to which was referred House Bill 2008, begs leave to report that said bill has been
amended as directed.