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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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Senate committee guts historic preservation tax credit bill

By Lesley Weidenbener The Statehouse File INDIANAPOLIS – A Senate committee stripped all new funding out of a bill originally meant to expand the state’s historic preservation tax credit and rewrote the legislation Thursday to render the program all but useless for the next 10 years. The Senate Appropriations Committee voted 8-4 to overhaul House […]

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Lawmakers debate whether to scrap the state inheritance tax

By Lesley Weidenbener The Statehouse File INDIANAPOLIS – Lawmakers debated Thursday whether to cut the state’s inheritance tax so it applies only to Indiana’s wealthiest individuals or scrap the unpopular tax completely. The House Ways and Means Committee didn’t vote on Senate Bill 293, but several Republicans and Democrats said they’d rather just eliminate the […]

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House overhauls Senate’s taxpayer refund program

By Lesley Weidenbener The Statehouse File INDIANAPOLIS – Taxpayers would get the first crack at excess state tax revenue this year and in the future under an overhaul of an automatic refund program that the House Ways and Means Committee passed Thursday. The committee approved Senate Bill 143 unanimously but not before stripping out language […]

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Key senator could kill historic preservation bill

By Lesley Weidenbener The Statehouse File INDIANAPOLIS – The chairman of the powerful Senate Appropriations Committee said Thursday he might not allow a vote on a bill that would expand an income tax credit meant to encourage the restoration and reuse of historic buildings. Sen. Luke Kenley, R-Noblesville, said the fiscal impact of House Bill […]

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Indiana merchants still pushing for Amazon to collect sales taxes now

By Samm Quinn The Statehouse File INDIANAPOLIS – A group representing Indiana merchants on Tuesday continued its fight to force Amazon.com and other online retailers to start collecting Indiana sales taxes immediately. The Indiana Merchants for Tax Fairness released a poll that found a majority of Hoosiers want to see Amazon, the online retail giant, […]

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