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RELEASE: Lanane measure establishing small business office passes Senate
Start Date: 2/18/2014 All Day
End Date: 2/18/2014
Entry Description

INDIANAPOLIS – On Monday, the Senate approved House Bill (HB) 1332, a measure sponsored by Senate Democratic Leader Tim Lanane (D-Anderson) that would establish an Office of Small Business and Entrepreneurship in Indiana.

“During this time of economic recovery, an agency dedicated to assisting small businesses will help keep Indiana on the path to prosperity,” Sen. Lanane said. “It is my hope that by addressing the needs of small businesses we can offer them helpful and appropriate solutions.”

The initiative would combine the Small Business Development Center, the Small Business Ombudsman, and the Young Entrepreneurs Program from the Indiana Economic Development Corporation under the Office of Small Business and Entrepreneurship. The office would be responsible for advancing small business in the state by operating the Small Businesses Development Center, and maintaining a network of available local, state, and federal resources.

The measure would also establish a director to oversee the Office of Small Business and Entrepreneurship, develop programs to stimulate growth, and administer the youth entrepreneurial program. The Office of Small Business will operate under the established director and the Office of the Lieutenant Governor.

HB 1332 passed the Senate unanimously and now moves to the governor for final approval.

Sen. Lanane represents Indiana Senate District 25 includes the portions of Madison and Delaware counties, including the City of Muncie and portions of the City of Anderson. For more information on Sen. Lanane, his legislative agenda or other State Senate business call 1-800-382-9467 or visit www.IN.gov/S25 .

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Contact Information:
Name: Elise Shrock
Phone: 317-232-9496
Email: eshrock@iga.in.gov
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Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • Business & Agriculture
  • Agency Name
    Senate Democratic Caucus

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