Senate Bill No. 575 Summary

• Exempts marketing trade secrets involving tactics, strategies, or techniques designed to influence at least 1,000 existing or prospective customers from confidentiality protections under Indiana's public records law.

• Requires the Indiana Economic Development Corporation (IEDC) to publish an annual report by August 15 disclosing all professional services contracts awarded during the previous state fiscal year.

• Makes the IEDC's professional services contract report publicly available on the corporation's website promptly after compilation.

• Effective date: July 1, 2013.