Friday, May 08, 2009

Build Indiana Conference Thoughts

Yesterday I attended the Build Indiana Conference some thoughts:

  • General feeling was much better than last year, with a lot more proposed and possible projects in planning
  • SB 448 legislation allowing local communities to exempt all personal property taxes for technology companies, albeit with major investments, especially data centers will have a pretty quick impact. Expect to see a couple test cases right away.
  • In private conversations some talk that residential has already begun to rebound and inventories are dropping quickly.
  • General economic development opportunities are available, but hard work to get in the game when competing with other states ... need better information to show to prospects that we are better priced and lower taxes

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