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Corporate tax collections continue to drop

Staff Report TheStatehouseFile.com INDIANAPOLIS — State corporate tax collections are continuing to fall below their monthly estimate for the ninth time out of the past 10 months. The State Budget Agency this week reported that corporate tax collections totaled $220.5 million in April, which were $9 million below the estimate and $43.3 million below revenue […]

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Gary, Muncie school takeovers stir controversy

By Abrahm Hurt TheStatehouseFile.com INDIANAPOLIS — The Muncie School Corporation takeover bill, which appeared to die at the end of this year’s legislative session, is one step closer to becoming a law once again. Lawmakers will meet at the Statehouse on May 14 for a special one-day session to act on bills that legislators failed […]

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Special session includes tax and school bills

By Abrahm Hurt TheStatehouseFile.com INDIANAPOLIS — Indiana Democrats are worried that the May 14 special legislative session is undemocratic by not involving Hoosier voices. “My fundamental problem is this is being handled in an amazingly undemocratic fashion,” said state Rep. Ed Delaney, D-Indianapolis. “How can we consider legislation without testimony, without committee hearings and without […]

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May 14 special session will take on tax and school bills

By Quinn Fitzgerald TheStatehouseFile.com INDIANAPOLIS­–Gov. Eric Holcomb is giving lawmakers one day to address four key bills that they failed to act on before the end of the General Assembly’s 2018 session in March. “With sharp focus, I’m confident they can finish in a single day,” Holcomb said Friday in a proclamation setting May 14 […]

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Governor calls special session to focus on taxes, school safety

By Abrahm Hurt TheStatehouseFile.com INDIANAPOLIS — Gov. Eric Holcomb announced Monday that he will call a special session of the Indiana General Assembly to address the school safety and tax issues left unfinished in the disorganized end of the 2018 session last week. It would be the first special session in a non-budget year since […]

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State’s finances safe from market fluctuations

By Quinn Fitzgerald TheStatehouseFile.com INDIANAPOLIS ­–The recent stock market plunges has instilled fear in investors nationwide, but Hoosiers can breathe easier knowing Indiana’s investments have not been affected by the fluctuations. That’s because the state doesn’t invest in stocks. Instead, the state invests in government bonds, U.S. agency bonds, and banks deposits with a maturity […]

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Donnelly joined bipartisan group to end government shutdown

By Adrianna Pitrelli TheStatehouseFile.com INDIANAPOLIS — Living on coffee, donuts and popcorn for the weekend, Sen. Joe Donnelly and nearly two dozen other lawmakers sat in a small Senate office passing a foam basketball around as they negotiated an end to the three-day government shutdown. “In true Hoosier tradition, we passed it around and whoever […]

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Revenue shortfall expected to continue through two-year budget cycle

By Shelby Mullis TheStatehouseFile.com  INDIANAPOLIS — Indiana will see about $394 million less in its biennial revenue collections than projected in April 2017. But the House Ways and Means Committee chairman said he isn’t worried because the state has a surplus and the reserves needed to “make adjustments as we need.” “Indiana will have a […]

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State revenue collections come in below forecast

Staff Report TheStatehouseFile.com Indiana’s year-to-date revenue collections of nearly $5.8 billion have come in nearly $150 million below what was forecast by the State Budget Agency last spring. The agency on Monday issued its revenue report for November, which found that although actual collections for the current fiscal year are below forecast, they are above […]

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Revenue Department warns Hoosiers to watch data

Staff Report TheStatehouseFile.com INDIANAPOLIS — The time to file taxes is just around the corner, and the Indiana Department of Revenue and the Internal Revenue Service teamed up to host National Tax Security Awareness Week. “National Tax Security Awareness Week offers the Department of Revenue an opportunity to better educate our Hoosier taxpayers on how […]

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