The parties involved in a lawsuit filed after the Indiana State Fair stage collapse in 2011 are nearing a settlement.
The agreement requires companies to provide fall protection and hazard identification training for all members by March 2014.
A study committee is recommending the legislature extend emergency stage equipment regulations that were implemented after the 2011 State Fair stage collapse.
The Indiana State Fair brought in about $100,000 less than expected, which officials attribute to low concert attendance and a hot summer.
The General Assembly passed legislation authorizing the state Fire Prevention and Building Safety Commission to develop temporary stage equipment regulations.
The results could serve as a guide for responding to future tragedies.
Feinberg has thus far strayed away from answering questions about the amount of money allocated to the fund.
Company officials say not enough people agreed to take the deal, so it is releasing itself from any financial obligation.
The State Fair’s Comprehensive Emergency Management Plan was created to deal with issues ranging from weather events to public safety emergencies.
A temporary stage collapsed on concert-goers August 13, 2011, killing seven.