Interim Economic Development Committee to Meet

October 4, 2010

News Release

-State Sen. Brandt Hershman (R-Lafayette), co-chair of the Interim Study Committee on Economic Development, and fellow members of the committee;

-Gary Lehman, president and chief executive officer of Fairfield Manufacturing;

-Tom Easterday, general counsel of Subaru of Indiana Automotive, Inc.;
l Joe Hornett, senior vice president, treasurer and chief operating officer of the Purdue Research Park Foundation;

-Vic Lechtenberg, vice provost for engagement at Purdue University;

-Mitch Roob, secretary of commerce and chief executive officer of the Indiana Economic Development Corp.;

-David Lewis, vice president for global taxes, Eli Lilly and Company;

-Scott Hodge, president and chief executive officer of the Tax Foundation;

-Michael Hicks and Dagney Faulk from the Ball State University Center for Business and Economic Research;

-Bob Kraft, Indiana Farm Bureau director of state government relations;

-Katrina Hall, Indiana Farm Bureau tax and local government specialist; and

-Tetia Lee, executive director of the Tippecanoe Arts Federation.

WHAT:
Meeting of the Interim Study Committee on Economic Development

WHEN:
Tuesday, Oct. 5.

WHERE:
Purdue Technology Center
3000 Kent Ave.
West Lafayette, Ind.

WHY:
Hershman and members of the Interim Study Committee on Economic Development will conduct a field hearing in West Lafayette on Tuesday to seek advice from local business leaders and educators regarding Indiana’s tax laws and economic development efforts. State leaders will be examining the effectiveness of government incentives in convincing businesses to expand and relocate to Indiana; the effects of low business taxes on preserving and creating jobs; and the fairest ways to tax agricultural revenue and equipment without endangering family farms.

Hershman represents Senate District 7, which includes Carroll, Clinton, Howard, Jasper, Tippecanoe and White counties.

Source: Office of State Senator Brandt Hershman