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House committee opts to use state’s surplus to fund university projects

By Victoria Ratliff and Andrea Rahman TheStatehouseFile.com INDIANAPOLIS–The House Ways and Means Committee approved a bill that will fund $291 million of capital projects for public universities with surplus cash rather than with bonds. House Bill 1007, which passed 13-7 on a party line vote, now heads to the full House for deliberation. It allows […]

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Indiana poised for modest revenue gains

Staff Report TheStatehouseFile.com INDIANAPOLIS — Indiana can expect to bring in about $250 million more over the next two years than was anticipated, according to a revenue forecast given Friday to lawmakers and state budget officials. The bipartisan Revenue Forecast Technical Committee told state officials that based on the current outlook for Indiana and the […]

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Indiana sees revenue surplus in November, sports betting profits on rise

By Emily Ketterer TheStatehouseFile.com INDIANAPOLIS –– Indiana continues to bring in more money than expected each month so far this fiscal year, including more than $880,000 in November sports wagering tax revenue. The state’s general fund revenue for November reached a little more than $1.1 billion, which is $53.6 million above the adjusted revenue forecast […]

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September revenues significantly higher than expected

By Brynna Sentel TheStatehouseFile.com INDIANAPOLIS—The Indiana State Budget Agency has reported that in September the state took in $1.7 billion, or an increase of 6.3% year-over-year. Collections from sales and use, individual income and corporate taxes plus other revenue sources such as insurance and interest propelled the general fund above estimates. The revenues are also […]

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Department of Revenue modernizing tax processing system

By Brynna Sentel TheStatehouseFile.com INDIANAPOLIS—Allowing businesses to check the status of their taxes at any given point is just one perk of the new Indiana Department of Revenue’s Project NextDOR, which launches the first of four phases on Monday. Project NextDOR is a completely new tax processing system, which will include the Indiana Tax System, […]

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Hoosiers should pay attention to mail from the state Department of Revenue

Staff Report TheStatehouseFile.com INDIANAPOLIS – The Indiana Department of Revenue is advising Hoosiers to always check their letters because they might not know what’s inside. The DOR wants people to make sure that they check letters that come from the department because they usually contain either a tax refund check or a request for more […]

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Holcomb names new state budget director

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Holcomb names new state budget director

Staff Report TheStatehouseFile.com INDIANAPOLIS—Gov. Eric Holcomb has named Zachary Jackson as state budget effective Friday, replacing Jason Dudich who left the post May for a job as chief financial officer at the University of Indianapolis. Jackson has served as deputy budget director since 2013 and has played a role in drafting state budgets that have […]

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Democrats say smoking taxes, mental health among lost chances in 2019 session

By Erica Irish TheStatehouseFile.com INDIANAPOLIS — Lapses in state budget priorities and the enactment of a “lukewarm” bias crimes law topped Indiana Democrats’ list of missed opportunities in the 2019 legislative session, according to legislative leaders in the minority party. House Minority Leader Phil GiaQuinta, D-Fort Wayne, and Senate Minority Leader Tim Lanane, D-Anderson, described […]

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Budget finalized in last hours of legislative session, Democrats say Indiana deserves more

By Erica Irish TheStatehouseFile.com INDIANAPOLIS—Edging into the late evening Wednesday and ending in party-line votes, lawmakers approved Indiana’s next two-year budget, totaling $34.6 billion for dozens of state-funded programs. House Speaker Brian Bosma, R-Indianapolis, said Wednesday afternoon lawmakers were ready to put the issue to rest and anticipated few changes after a conference committee published […]

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GOP leaders, school administrators praise updated budget

By Erica Irish TheStatehouseFile.com INDIANAPOLIS—The latest version of the state’s biennial budget boasts $763 million in new money to be spent on K-12 education, a sign that, to some public officials, the end is in sight for this session’s contentious budget debate.   “As we’re working on these short-term, immediate needs, we’re simultaneously working on […]

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