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IN HR0012
Resolution
Status
1/27/2026
Primary Sponsor
Edward DeLaney
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AI Summary
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Establishes an 11-member House Select Committee to investigate the Indiana Economic Development Corporation (IEDC) and affiliated entities, with 7 members appointed by the Speaker and 4 by the Minority Leader
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Investigation scope covers IEDC policies, taxpayer fund oversight, procurement and ethics law compliance, transparency, and fraud prevention, with specific focus on the LEAP District project (which comprised nearly one-third of IEDC expenditures from January 2022 through December 2024)
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Committee has subpoena power to compel witnesses and records, with failure to comply constituting a Class A misdemeanor
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Final report with findings and legislative recommendations due by June 30, 2026, addressing reforms to prevent misuse of taxpayer money and require General Assembly approval before IEDC can spend economic development appropriations
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Committee terminates 90 days after submitting its final report, with all records transferred to the Legislative Services Agency
Legislative Description
Establishing a House Select Committee on Accountability and Handling of Economic Development Appropriations to investigate the financial, administrative, and procedural practices of the Indiana Economic Development Corporation and its affiliated entities, and to make findings and recommendations for improved transparency and stewardship of public funds.
Last Action
First reading: referred to the Committee on Government and Regulatory Reform
1/27/2026