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§ 5-28-30-4 — Indiana Law | CourtGPT
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  5. Article 28 - Indiana Economic Development Corporation/
  6. Chapter 30 - Industrial Development Loan Guaranty Program5-28-30-1. Repealed/
  7. § 5-28-30-4
Indiana Legal Code

§ 5-28-30-4

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As used in this chapter, 'high growth company with high skilled jobs' means a company that satisfies all the following conditions:(1) The company:(A) had at least a fifteen percent (15%) average annual growth in company earnings during the past three (3) years;(B) is entering a new product or process area; or(C) is classified in an industry that had at least a fifteen percent (15%) average annual growth in earnings during the past three (3) years.(2) The company has a substantial number of employees in jobs:(A) requiring postsecondary education or its equivalent; or(B) that are in occupational codes classified as high skill by the Bureau of Labor Statistics, United States Department of Labor.(3) The company has a substantial number of employees that earn at least one hundred fifty percent (150%) of Indiana per capita personal income.As added by P.L.162-2007, SEC.25.