CHAPTER 2. COMPACT
IC 5-25-2
Chapter 2. Compact
IC 5-25-2-1
Entry into compact
Sec. 1. The interstate jobs protection compact is enacted into law
and entered into with all other jurisdictions legally joining in the
form as substantially follows in this article.
As added by P.L.50-1997, SEC.1.
IC 5-25-2-2
Legislative findings
Sec. 2. The party states find the following:
(1) The protection of existing jobs from unnecessary interstate
relocation is vital to the economy and well being of every state.
(2) The effects of the unnecessary interstate relocation of jobs
present special problems that can be properly approached only
with due consideration for the rights and interests of the
business, those involved with the business, and the public.
(3) Measures for the reduction of the adverse effects of
unnecessary interstate job relocation may be costly, and the
devising of means to deal with them are of both public and
private concern.
(4) The states are in a position and have the responsibility to
assure that the protection of jobs shall be conducted in
accordance with regard to the principles of fiscal responsibility
and with consideration for local conditions.
(5) There is a vital need for the development of greater
interjurisdictional cooperation to achieve the necessary
uniformity in the laws, rules, regulations, and codes relating to
job protection and to accomplish this by means that minimize
the time between the development and the enactment of such
laws, rules, regulations, and codes.
As added by P.L.50-1997, SEC.1.
IC 5-25-2-3
Purposes
Sec. 3. The following are the purposes of this article:
(1) Study and identify the issues and problems regarding
unnecessary interstate relocation of existing jobs and develop
recommendations to the issues and problems.
(2) Investigate and encourage, with due recognition of relevant
regional, physical, and other differences, effective programs in
each of the party states that will result in the protection of jobs
from unnecessary interstate relocation.
(3) Assist in achieving and maintaining an efficient and
productive business climate that protects existing jobs without
preventing incentives for new business or for expansion of
existing business.
(4) Provide the means for the encouragement and use of
research that will facilitate the achievement of the foregoing
purposes, with due regard for the findings set forth in section 2
of this chapter.
As added by P.L.50-1997, SEC.1.