Ind. Code § 5-28-30-4

Current through P.L. 171-2024
Section 5-28-30-4 - "High growth company with high skilled jobs"

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.

IC 5-28-30-4

As added by P.L. 162-2007, SEC.25.