STATEHOUSE (Jan. 27, 2021) – The House Ways and Means Committee advanced State Rep. Shane Lindauer's (R-Jasper) legislation establishing the Hoosier Hospitality Small Business Restart Grant Program, which would support Indiana's jobs and economy.
According to the Indiana Office of Tourism Development, the tourism industry employs more than 150,000 individuals and contributes roughly $9.3 billion to Indiana's economy. Lindauer said unfortunately, a recent National Federation of Independent Business survey revealed small-business owners are worried about their business viability in 2021. Under legislation Lindauer authored, struggling businesses experiencing significant losses due to the pandemic, like those in the tourism and hospitality industries, would be eligible to receive funding.
"Our small businesses are often the first to lend a hand to a neighbor in need, support our local schools and provide our communities with high-quality products and services," Lindauer said. "They are also some of the hardest-hit by the pandemic, with many having to change how they do business over the last year. The Hoosier Hospitality Small Business Restart Fund would build on the state's existing efforts to help local businesses keep their doors open and bounce back faster."
Lindauer said this grant program would be an extension of the already existing Small Business Restart Program and would continue to be administered by the Indiana Economic Development Corp. Small businesses that qualify could receive a grant to put toward a portion of business and payroll expenses. In addition to state funding, the program could also receive contributions from federal grants, donations and other sources.
House Bill 1004 heads to the full House of Representatives for further consideration. For more information, visit iga.in.gov.
State Rep. Shane Lindauer (R- Jasper) represents House District 63,
which includes portions of Daviess, Dubois, Pike and Martin counties.
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