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budget \ Chris Atkins \ revenue \ taxes
April tax receipts beat recent forecast
By Samm Quinn TheStatehouseFile.com INDIANAPOLIS – The first monthly revenue report since lawmakers passed a new two-year state budget came in 4 percent higher than projections made just a few weeks ago. Tax revenue in April was also almost 4.5 percent higher than collections the previous year. State Budget Director Chris Atkins total revenue for [...]
Brian Bosma \ budget \ Greg Porter \ Mike Pence \ tax cuts \ taxes
Gov. Pence fought hard to end for 10 percent tax cut
By Lesley Weidenbener TheStatehouseFile.com INDIANAPOLIS – Two nights before the end of the legislative session – with time ticking away for a budget deal to be done – Republican Gov. Mike Pence finally accepted that he wouldn’t be getting his 10 percent income tax cut. He’d been meeting for weeks with legislative leaders around [...]
economic development \ education \ gambling \ health care \ hunting \ jobs \ roads \ schools \ tax cuts \ taxes \ vouchers
2013 session: What passed, what didn’t
Lawmakers adjourned their 2013 legislative session early Saturday morning after passing dozens of bills and a state budget that Gov. Mike Pence can now sign, veto or allow to become law without his signature. Here’s a sampling of what lawmakers passed bills to do: Taxes Phase down individual income tax rates from 3.4 percent to [...]
Indianapolis Motor Speedway \ taxes
Lawmakers pass bill to help IMS, racing industry
Staff report TheStatehouseFile.com INDIANAPOLIS — The House and Senate passed legislation to provide $100 million to the Indianapolis Motor Speedway to help the track make improvements and upgrades. The state will issue bonds and then make the payments using sales and income taxes collected at the track plus a $1 per admission tax for major [...]
budget \ schools \ tax cuts \ taxes
House, Senate pass tax cuts, budget with more spending for roads, schools
By Lesley Weidenbener TheStatehouseFile.com INDIANAPOLIS – Lawmakers sent Gov. Mike Pence a tax package Friday night that majority Republicans called a win for Hoosiers but Democrats lambasted as a joke. One day after Republicans reached months in the making, the two-year budget and tax bill passed easily – but largely along party lines. It cuts [...]
Brian Bosma \ budget \ David Long \ education \ Luke Kenley \ Mike Pence \ Pat Bauer \ schools \ taxes \ Tim Skinner
Budget includes 5 percent income tax cut, more spending on schools and roads
By Samm Quinn and Lesley Weidenbener TheStatehouseFile.com INDIANAPOLIS – Lawmakers will vote Friday on a two-year, $30 billion budget that phases in a 5 percent cut in the individual income tax rate, eliminates the inheritance tax and boosts money for roads and schools. House Speaker Brian Bosma, a Republican, said the tax cuts will “impact [...]
Brian Bosma \ budget \ casinos \ David Long \ education \ gambling \ schools \ taxes \ Tim Brown
Lawmakers near final deals on budget, vouchers, gambling and more
By Megan Banta TheStatehouseFile.com INDIANAPOLIS – Legislative leaders say they’re closing in on deals to cut taxes, boost school spending and expand the state’s private school voucher program just days before the General Assembly is to adjourn for the year. House Speaker Brian Bosma, R-Indianapolis, said lawmakers want to include the “largest single tax cut [...]
budget \ income taxes \ Mike Pence \ taxes
Pence: Tax cut would spur jobs that Indiana needs
By Lesley Weidenbener TheStatehouseFile.com INDIANAPOLIS – Gov. Mike Pence made an economic argument for his 10 percent income tax cut on Wednesday, just hours before legislative fiscal leaders met publicly to begin final negotiations on a two-year spending plan. Pence said that Hoosiers’ per capita income is lagging and the state’s unemployment rate remains too [...]
budget \ income taxes \ Luke Kenley \ Mike Pence \ tax cut \ taxes \ Tim Brown
Pence says new projections mean lawmakers should pass tax cut
By Samm Quinn TheStatehouseFile.com INDIANAPOLIS – Gov. Mike Pence made yet another pitch for his income tax cut Tuesday, saying new revenue projections show the state can afford it, even with increases in spending on roads and schools. But legislative fiscal leaders are skeptical and said the new money won’t be enough to give Pence [...]
Abdul Hakim-Shabazz \ column \ commentary \ Otis Bowen \ property taxes \ taxes
Commentary: Bowen was the grandfather of today’s property tax caps
By Abdul Hakim-Shabazz IndyPoltics.Org As I sat down and did my research on the late Gov. Otis “Doc” Bowen, two things really fascinated me about his time in public service. One was his frankness about sex when he was the Secretary of Health and Human Services in the mid-1980s. The other, which I would argue [...]