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SB 175 Indiana Senate · 2025 Regular Session

Employee-owned business resource center.

Summary
Establishes the employee-owned business resource center (center). Sets out the duties of the center, including establishing and administering a revolving loan program. Establishes the employee ownership revolving loan fund. Makes conforming changes.
Issues: ✓ Budget & TaxesSupports Budget & TaxesCreates employee ownership revolving loan fund under state budget, allocating resources to support business development through fiscal means.85% confidence ✓ Labor & EmploymentSupports Labor & EmploymentEstablishes resource center and loan fund to support employee-owned businesses, advancing worker ownership and economic empowerment.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2025 Last action Jan 8, 2025
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
0
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Shelli Yoder
Shelli Yoder
DDemocratic
IN
40