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The secretary of state oversees four divisions, and is the third highest constitutional office of the state government. The secretary serves as the state's chief election officer, enforces state securities regulations, regulates automobile dealerships in Indiana, and manages the state business services division.
The Indiana Business Research Center [1] (IBRC), established in 1925, is a research unit in the Kelley School of Business at Indiana University. [2] The IBRC provides and interprets economic information for the state’s business, government and nonprofit organizations, as well as users of such information throughout the nation.
The Indiana Economic Development Corporation (IEDC) was founded in 2005 and is charged with growing the state economy, driving economic development, helping businesses launch, grow and locate in the state. Led by Secretary of Commerce Bradley B. Chambers and governed by a 14-member board chaired by Governor Eric J. Holcomb, the IEDC is ...
Business licenses are permits issued by government agencies that allow individuals or companies to conduct business within the government's geographical jurisdiction. It is the authorization to start a business issued by the local government. [ 1 ]
Historically, the state was a swing state, voting for the national winner all but four times from 1816 to 1912, with the exceptions of 1824, 1836, 1848, and 1876. [9] Nonetheless, half of Indiana's governors in the 20th century were Democrats. Indiana has also elected several Democrats to the Senate in recent years.
Entrepreneurship was a focus for Secretary Chambers, leading to record breaking results in the areas of Indiana's small business development efforts and the recruitment of the Global Entrepreneurship Congress to Indiana in 2025.
In 2014, the Indiana state legislature passed a law that cut the corporate income tax from 8.50% in 2014 to 6.25% in 2016, with further decreases to be phased in until the rate falls to 4.9% in 2022. [5] Indiana is the only state that imposes corporate income taxes based on fiscal year instead of calendar year.
The auditor of state, officially doing business as "the state comptroller", functions as the chief financial officer for the whole of state government. In terms of financial accounting, the auditor of state creates and operates the statewide accounting system, maintains a record of revenues, expenditures and balances by state fund, collects debts owed the state, and prepares various financial ...