IEDC OKs money to legislator's company - 13 WTHR Indianapolis

IEDC OKs money to legislator's company

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INDIANAPOLIS -

Leaders of a state agency have approved economic incentives to a company started by a top Republican legislator and his son after a review sought by Gov. Mike Pence.

The governor asked the Indiana Economic Development Corp. board of directors last month to review its decision to offer $345,000 state aid to Mainstreet Property Group. The business was co-founded by Republican House Speaker Pro Tem Eric Turner and is run by his son Zeke.

The state promised conditional jobs tax credits and training grants to the company if it hires additional workers as part of its move from Cicero to Carmel.

IEDC policy committee chairman John Mutz says it found no conflicts with the agency's offer.

Eric Turner has said he wasn't involved in seeking the incentives.

A new law signed by Gov. Pence this week requires the IEDC to aggregate information on performance goals, jobs created, expected jobs, recaptured incentives and tax credits claimed each year. It also ensures that taxpayers have access to deal terms and contracts between the IEDC and companies coming to or already in Indiana.

A new portal site allows you to search for that information.

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