Private Equity/Venture Services

Although the political headlines of many states seem to indicate taxes might be on the rise, it appears that Indiana's state government might not be following suit, at least not when it comes to investments made in certain early stage Indiana companies. Indiana State Representatives Jerry Torr (District 39), Kathy Heuer (District 83) and Rebecca Kubacki (District 22) introduced House Bill No. 1008, which proposes certain pro-investment changes to Indiana's Venture Capital Investment Tax Credit legislation. House Bill No. 1008 was approved by the Indiana House of Representatives on February 17, 2011 and was then referred to the Indiana Senate where it is being sponsored by Brandt Hershman (District 7), Luke Kenley (District 20), and Jim Arnold (District 8).

Read the entire article about House Bill No. 1008 authored by Ice Miller attorney Bo Ramsey.