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Tax revenue falls just below projections in July

By Jacob Rund TheStatehouseFile.com INDIANAPOLIS – The Indiana State Budget Agency released its monthly report on revenue collection for the general fund – the first of Fiscal Year 2015 – on Wednesday, which showed a 1.7 percent dip in tax receipts compared to estimates. The state brought in a total of $1.04 billion in July […]

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Pence: State will pay adoption subsidies for special needs kids this year

By Lesley Weidenbener TheStatehouseFile.com INDIANAPOLIS – Nearly 1,400 families who adopted special needs children out of foster care are in line to receive state subsidies under an order Gov. Mike Pence gave a state agency Tuesday. The Department of Child Services will fund the $10 million in subsidies out of unspent money it would have […]

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Analysis: Expanding the sales tax on services is debate worth having

By Lesley Weidenbener TheStatehouseFile.com INDIANAPOLIS – As Gov. Mike Pence embarks on what he says will be an effort to simply Indiana’s tax system, it’s important to consider how a sales tax on services might fit into the picture. Currently, Indiana – and the vast majority of other states – impose a sales tax on […]

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Indiana settles dispute with tobacco companies

By Emily Metheny TheStatehouseFile.com INDIANAPOLIS — Indiana has settled a dispute with major tobacco companies that could have dramatically cut payments that now fund major health programs. The agreement means the state will still receive less cash than under the Master Tobacco Settlement that Indiana and other states signed in 1998. But state officials said […]

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Working families group provides training about financial tools

Staff report TheStatehouseFile.com INDIANAPOLIS – The Indiana Institute for Working Families is offering free training for case managers, financial counselors and other educators to help low-income families determine their financial needs make a plan to solve them. The institute received a $27,500 grant from the Duke Energy Foundation to offer 20 local training sessions on […]

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Video & story: Lawmakers will study whether to expand rehab tax credit

By Jesse Wilson TheStatehouseFile.com INDIANAPOLIS - Legislators are set to delve into a study of the state’s historic preservation tax credit – a program so backlogged that it has become all but unusable. For years, developers used the credit to turn crumbling buildings into income-earning properties, bolstering communities along the way. But the state’s cap on […]

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Pence: State on track to finish fiscal year in the black

By Paige Clark and Jess Seabolt TheStatehouseFile.com INDIANAPOLIS – With one month left in the fiscal year, state tax receipts are more than $200 million less than lawmakers thought when they wrote the current state budget. But Gov. Mike Pence said Friday that the state is on track to finish the fiscal year on June […]

Pence announces tax conference; receives award

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Pence announces tax conference; receives award

By Erika Brock TheStatehouseFile.com INDIANAPOLIS – Gov. Mike Pence announced that Indiana will host a conference this summer to help strengthen, make more competitive, and simplify the state’s tax laws. Pence said the Indiana Tax Competitiveness and Simplification Conference on June 24 will examine both business and individual taxes. He also said the Tax Foundation […]

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Tax revenue stabilizes in March but still behind for fiscal year

By Lesley Weidenbener TheStatehouseFile.com INDIANAPOLIS – State tax receipts beat projections in March but a key lawmaker said it’s not enough to clear concerns about the state’s finances. Revenue topped $1.02 billion last month – about 1.4 percent more than estimates released last December. That’s also 11.6 percent more than in March 2013. Senate Appropriations […]

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I-65 widening will be first project funded with new roads money

By Jacob Rund TheStatehouseFile.com INDIANAPOLIS – Widening Interstate 65 south of Indianapolis and at Lafayette will be the first projects constructed using additional road funding the General Assembly approved last month. Gov. Mike Pence announced the projects Thursday in what he called the launch of the Major Moves 2020 highway construction program. Pence ordered the […]

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