A bill to streamline several state entrepreneurship initiatives is awaiting Governor Mike Pence's signature. The Indiana Senate has unanimously approved the measure, which would consolidate the Young Entrepreneurs Program, Small Business Development Center and Small Business Ombudsman into the Office of Small Business and Entrepreneurship. February 18, 2014
STATEHOUSE – State Representative Mark Messmer (R-Jasper) authored legislation regarding the promotion of entrepreneurship in young Hoosiers, which passed the Indiana Senate yesterday with a 49-0 vote.
House Bill (HB) 1332 takes several entrepreneurship initiatives and organizations and combines them into a single office known as the Office of Small Business and Entrepreneurship (OSBE).
“The OSBE is another example of how Indiana is working to bring more efficiency to government and focus on the needs of our small businesses,” said Rep. Messmer. “Small businesses are the backbone of the Hoosier economy, and this is just one step in our continued efforts to make Indiana the best place in the country to start and grow a business.”
Organizations and offices included in the consolidation are the Young Entrepreneurs Program, the Small Business Development Center and the Small Business Ombudsman.
“As a conservative Hoosier, I am always looking for ways to streamline our government, but when doing so also promotes entrepreneurship, that is even better,” said Rep. Messmer. “An entrepreneurial spirit is one of the most valuable traits we can encourage in our youth as it teaches them to be self-sufficient and build their own, successful future.”
HB 1332 will now be sent to the governor's desk to be signed into law.
Source: The Indiana House Republican Caucus
February 18, 2014
INDIANAPOLIS, Ind. – On Monday, the Senate approved House Bill (HB) 1332, a measure sponsored by Senate Democratic Leader Tim Lanane (D-Anderson) that would establish an Office of Small Business and Entrepreneurship in Indiana.
“During this time of economic recovery, an agency dedicated to assisting small businesses will help keep Indiana on the path to prosperity,” Sen. Lanane said. “It is my hope that by addressing the needs of small businesses we can offer them helpful and appropriate solutions.”
The initiative would combine the Small Business Development Center, the Small Business Ombudsman, and the Young Entrepreneurs Program from the Indiana Economic Development Corporation under the Office of Small Business and Entrepreneurship. The office would be responsible for advancing small business in the state by operating the Small Businesses Development Center, and maintaining a network of available local, state, and federal resources.
The measure would also establish a director to oversee the Office of Small Business and Entrepreneurship, develop programs to stimulate growth, and administer the youth entrepreneurial program. The Office of Small Business will operate under the established director and the Office of the Lieutenant Governor.
HB 1332 passed the Senate unanimously and now moves to the governor for final approval.
Sen. Lanane represents Indiana Senate District 25 includes the portions of Madison and Delaware counties, including the City of Muncie and portions of the City of Anderson. For more information on Sen. Lanane, his legislative agenda or other State Senate business call 1-800-382-9467 or visit www.IN.gov/S25 .
Source: The Indiana House Democratic Caucus