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General Assembly adjourns for the year, passes taxpayer refund bill

By Timothy Cox and Samm Quinn The Statehouse File INDIANAPOLIS – The General Assembly passed a bill to revamp the state’s taxpayer refund program and boost full-day kindergarten funding before adjourning the 2012 session and heading home for the year. The House voted 76-17 and the Senate 40-10 to send House Bill 1376 to Gov. […]

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Lawmaker kills historic preservation tax credit bill

By Lesley Weidenbener The Statehouse File INDIANAPOLIS – The author of a bill originally meant to expand a state historic tax credit will kill the legislation Friday because he’s frustrated by changes made in the Senate. Rep. Ed Clere, R-New Albany, said it’s clear that key senators are not willing to expand the program and […]

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Lawmakers are working on an inheritance tax phase-out

By Samm Quinn The Statehouse File INDIANAPOLIS – House and Senate advocates for a bill that will lower and eventually phase out the inheritance tax in Indiana met Wednesday to discuss and work out differences in versions passed in each chamber. Sen. Jim Smith, R-Charlestown, said the conference committee – a four-member group charged with […]

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Lawmakers still seeking compromise on taxpayer refund bill

By Lesley Weidenbener The Statehouse File INDIANAPOLIS – Legislative fiscal leaders started working Tuesday toward a compromise on legislation to bolster funding for full-day kindergarten, give more money to victims of last year’s Indiana State Fair stage collapse and revamp the state’s taxpayer refund program. The House and Senate have passed differing versions of House […]

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Tax receipts miss mark in February but remain ahead of last year

By Lesley Weidenbener The Statehouse File INDIANAPOLIS – State tax receipts fell below expectations in February, although they remained ahead of last year’s revenue. It was the second consecutive month that state revenue failed to meet projections updated in December. But for the fiscal year – which began July 1 – the state has collected […]

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Daniels lobbies to save tax break for Rockport power plant

By Lesley Weidenbener The Statehouse File INDIANAPOLIS – Gov. Mitch Daniels will use the final week of the 2012 legislative session to push a tax credit that would help finance the operation of a proposed coal-to-gas power plant in Southern Indiana. Daniels said Friday that the tax credit is important to help Indiana Gasification avoid […]

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Bill to boost funding for kindergarten, stage victims passes Senate

Staff report The Statehouse File INDIANAPOLIS – The state would send $80 million to schools to fund full-day kindergarten and give victims of last year’s Indiana State Fair stage collapse an additional $6 million under legislation the Senate passed Wednesday. House Bill 1376 would also overhaul the state’s automatic taxpayer refund program. “I’m thankful the […]

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Senate passes bill that would freeze preservation tax credit

By Lesley Weidenbener The Statehouse File INDIANAPOLIS – A bill that would render the state’s historic preservation tax credit useless for at least a decade passed the Senate on Wednesday. But House Bill 1111 – approved 48-2 – also creates a new local preservation tax credit that could help cities and counties boost historic preservation […]

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House passes 10-year phase-out of state’s inheritance tax

By Lesley Weidenbener The Statehouse File INDIANAPOLIS – A phase-out of Indiana’s inheritance tax over the next decade, with much of the savings coming in the first year, won the approval of the Indiana House on Tuesday. Senate Bill 293 would cut the tax starting with deaths that occur next year, saving Hoosiers about $60 […]

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Fiscal leaders are looking for compromise on taxpayer refund bill

By Lesley Weidenbener The Statehouse File INDIANAPOLIS – Taxpayers would receive about $50 back from the income taxes they pay this year under a bill the House approved Monday, but questions remain about how the automatic refund program would continue into the future. Senate Bill 143 passed 94-2 and is headed to a conference committee, […]

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