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House passes bill to phase out inheritance tax

Staff report The Statehouse File INDIANAPOLIS — The Indiana House approved a bill 78-17 on Monday that will phase out the state’s inheritance tax over 10 years. The bill goes into effect on June 30, 2013 but – because of the way the state collects the tax – it won’t impact state revenues until 2015. […]

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Ways and Means passes bill to fund full-day kindergarten and fair victim compensation

By Jessica Wray The Statehouse File INDIANAPOLIS – The House Ways and Means Committee approved a measure Wednesday that would give additional funding to full-day kindergarten and provide more money for victims of the state fair stage collapse. Committee members passed House Bill 1376 unanimously. It now will move to the House floor. The bill’s […]

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Video: Lawmakers consider bill to expand historic tax credit

A House committee is considering legislation that would expand a tax credit program for historic preservation projects. Here’s a video about the issue: Indiana historic preservation tax credit from The Statehouse File on Vimeo.

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Espich plan would provide money to kindergarten and state fair victims

By Jessica Wray The Statehouse File INDIANAPOLIS – Schools and state fair victims would get more money under a proposal a key House fiscal leader said he will present on Wednesday. House Ways and Means Chairman Jeff Espich, R-Uniondale, said the spending will be part of a larger plan to overhaul the state’s automatic taxpayer […]

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Committee sends inheritance tax elimination to the full House

By Jessica Wray The Statehouse File INDIANAPOLIS – A committee in the Indiana House of Representatives Monday approved a measure that would phase out a tax Hoosiers have to pay when they inherit from a family member or loved one. The House Way and Means Committee voted 16-3 in favor of House Bill 1199. What […]

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Lawmakers look to trim inheritance tax

By Jessica Wray The Statehouse File INDIANAPOLIS – Lawmakers are considering a plan to phase-out a tax that Hoosiers have to pay when they inherit from a friend or loved one. Rep. Eric Turner, R-Marion, presented a bill that would phase out the state inheritance tax over a 10-year period. The phase-out would begin with […]

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Committee approves changes to automated taxpayer refund bill

By Jessica Wray The Statehouse File INDIANAPOLIS – Legislative fiscal leaders are toying with ways to use the state’s reserves and considering proposals that would boost funding for schools, provide more cash to victims of a state fair stage collapse and alter a taxpayer refund program. The Senate Appropriations Committee passed a bill that would […]

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Video: One-on-One with Sen. Luke Kenley on the auto tax refund bill

Senate Appropriations Chairman Luke Kenley, R-Noblesville, is proposing changes to an automatic taxpayer refund program that lawmakers created just last year. Here what he told The Statehouse File about why he’s proposing the change and what it will mean for Hoosiers. 1-on-1: Sen. Kenley talks about his taxpayer refund bill from The Statehouse File on […]

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Preservationists seek expanded tax credit

By Jessica Wray The Statehouse File INDIANAPOLIS – Advocates of preservation told lawmakers Thursday that expanding a state tax credit could lead to the redevelopment of more historical properties for public use. Rep. Ed Clere, R-New Albany, told the House Ways and Means Committee that his House Bill 1111 is not just about preserving historical […]

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Senate committee postpones action on taxpayer refund bill

By Timothy Cox The Statehouse File INDIANAPOLIS – The Senate Appropriations Committee delayed action Thursday on legislation that would change the state’s automatic taxpayer refund law so that Hoosiers didn’t receive any cash back this year. Appropriations Chairman Luke Kenley, R-Noblesville, said the issue needs more debate before lawmakers decide how to move forward. Among […]

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