Sullivan Supports Bill Sssisting Indiana’s Small Businesses, Hospitality Industry
STATEHOUSE (Jan. 28, 2021) – The House Ways and Means Committee advanced legislation establishing the Hoosier Hospitality Small Business Restart Grant Program, which would support Indiana’s jobs and economy, according to State Rep. Holli Sullivan (R-Evansville).
Sullivan, who serves on the House Ways and Means Committee and as chairwoman of the Budget Subcommittee, voted in favor of House Bill 1004. 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. A recent National Federation of Independent Business survey revealed small-business owners are worried about their business viability in 2021.
“We all know many of Indiana’s small businesses have taken a hard hit over the last year, especially those in the hospitality industry,” Sullivan said. “Additional support, like what’s provided in these grants, can help them keep their doors open and protect Hoosier jobs. The success of Indiana’s job creators is critical to the economic health of our communities and state.”
Sullivan 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.
