Lawmakers press IEDC for ROI and transparency on LEAP, Project Fusion and $101 million augmentation

Aug 22, 2024

Members of the Budget Committee questioned IEDC officials about LEAP spending (about $200M), a $101M proposed augmentation tied to Project Fusion and broader transparency on deal‑closing funds, with senators asking for progress reports and returns to the state before further augmentations.

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Indiana Economic Development Corporation officials briefed the State Budget Committee on Aug. 22 about spending on the LEAP district and proposed use of deal‑closing funds tied to Project Fusion and other LEAP projects.

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