IndianaIndiana authorities would be barred from incentive deals with secrecy clauses
Starting July 1, 2026, Indiana public authorities and their negotiators would be barred from entering economic development deals that make the terms confidential or ban discussion.
What it does
After June 30, 2026, public authorities and people negotiating for them would be barred from entering economic development deals with clauses that make the terms confidential or ban discussion.
Argument forParties could discuss covered deals more freely because their agreements would not be allowed to ban discussion of the terms.
Argument againstSome businesses might hesitate to negotiate if a covered deal could not include clauses that keep its terms confidential.
More detail
Public authorities and people negotiating for them would be barred from entering covered deals with clauses that make terms confidential or ban discussion. This applies to the Indiana economic development corporation, the state, its agencies, other public authorities, and people negotiating for them. Covered deals include tax incentives, loans, grants, and other economic development incentives. This applies to covered agreements entered into after June 30, 2026; the section would take effect July 1, 2026.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jan 12Representative Commons added as coauthorLatest
- Jan 5Authored by Representative Greene
- Jan 5First reading: referred to Committee on Government and Regulatory ReformIntroduced
Government & EthicsEconomy & Jobs