1. (a) A development provider shall report annually to the commission the following:

   1. (1) The total dollar amounts of economic development payments.
   2. (2) The parties or specified recipients, or both, that receive economic development payments.
   3. (3) Any other items related to an economic development payment that the commission may require.

2. (b) A specified recipient of an economic development payment shall report annually to the commission an accounting of:

   1. (1) any economic development payment received by the recipient; and

   2. (2) any disbursements of economic development payment money that the recipient makes to:

      1. (A) another specified recipient; or
      2. (B) an unspecified recipient.

3. (c) A report submitted under subsection (b) must include:

   1. (1) the legal name of the person submitting the report;
   2. (2) the date, amount, and purpose of each disbursement;
   3. (3) the name of each specified or unspecified recipient receiving a disbursement; and
   4. (4) any other information that the commission may require.
4. (d) Upon request of the commission, a person submitting a report under subsection (a) or (b) shall attach to the report sufficient documentation to support a transaction described in the report.
5. (e) A report submitted under subsection (a) or (b) must be submitted to the department of local government finance and made available electronically through the Indiana transparency website established under IC 5-14-3.7 .

6. (f) The commission may require, with respect to a report required by this section:

   1. (1) the format of the report;
   2. (2) the deadline by which the report must be filed; and
   3. (3) the manner in which the report must be maintained and filed.

As added by P.L.82-2011, SEC.1. Amended by P.L.229-2013, SEC.24; P.L.1-2025, SEC.29.