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