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Government & Economic Development
Indiana tries to close loophole that helped Durham commit fraud in Ohio
February 16, 2013
The legislature is considering a bill that would require intrastate securities offerings to file audited financials, a safeguard
that caused trouble for Fair Finance investors.
MoreBallard: Don't measure trade missions by new jobs
February 16, 2013
Kathleen McLaughlinAbout to embark on his eighth trade mission since 2008, Indianapolis Mayor Greg Ballard is committed to keeping up the city’s
international profile, regardless of whether that results in a major economic-development deal.
MoreMajor Indiana casino overhaul faces doubts in Statehouse
February 15, 2013
Associated PressThe leader of the Indiana House is hesitant about the chances of an overhaul of state casino taxes and regulations aimed at
helping them against growing competition from surrounding states.
MoreDrywall contractor charged with underpaying employees
February 15, 2013
Dan HumanAn Indianapolis drywall contractor faces criminal charges that he underpaid his employees working on a government housing
project, and then falsified documents to cover it up, the Marion County Prosecutor's Office announced Friday.
MoreSenate bill would stop paying gambling counties
February 15, 2013
The Statehouse FileThe change would save the state $24 million in 2015 and another $48 million each year thereafter—all money that's now
being collected from gambling taxes and sent to cities, towns and counties.
MoreBill to support Speedway with state taxes passes committee
February 14, 2013
Anthony SchoettleThe Indiana Senate Appropriations Committee on Thursday morning unanimously passed a bill that would capture state tax money
generated at the Indianapolis Motor Speedway and give it back to the track to improve the facility.
MoreMass-transit measure passes key House hurdle
February 13, 2013
Kathleen McLaughlinThe House Ways and Means Committee cleared the bill, which would allow voters to decide whether to add 0.3 percent to local
income tax rates to pay for a proposed central Indiana mass-transit system.
MoreMeasure advances to delay state farmland tax hike
February 12, 2013
Associated PressThe bill would stop Indiana from using updated soil productivity figures in setting new property tax rates this year. The
Legislature would consider a revised approach next year.
MoreCIB cuts price on Ober Building after inspections
February 11, 2013
Cory SchoutenThe Capital Improvement Board of Marion County has agreed to slash its sale price on downtown's Ober Building by $700,000
after inspections showed problems including a leaky roof and damaged HVAC system.
MoreSpeedway businesses eye gains from IMS upgrade
February 11, 2013
IBJ StaffNearby businesses hope upgrades to the Indianapolis Motor Speedway from a proposed state taxing district would pave the way
for additional offerings at the venue, including night racing.
MoreIPL assessed $214,200 penalty in plant explosion
February 11, 2013
Chris O'MalleyThe Indiana Department of Labor alleges lack of proper safeguards in an August blast that injured two workers at IPL's Harding
Street generating station on the southwest side.
MoreIMS seeks state help for $70M in upgrades
February 9, 2013
IBJ StaffA state senator plans to introduce a bill creating an Indiana Motorsports Investment District that would capture state sales,
income and corporate taxes for future investment in the Speedway.
MoreBallard won't levy charter fee, despite fiscal squeeze
February 9, 2013
Kathleen McLaughlinMayor Greg Ballard is nationally recognized as a rigorous charter authorizer, picky about which schools open and willing to
shut down the under-performers. But there is a cost to the city’s education work and Ballard may have to consider how
much of it can be supported by the city’s maxed-out general fund alone.
MoreI-69 leg gobbling up state's road funding
February 9, 2013
Chris O'MalleyAs legislators brace for a $250 million annual transportation spending gap down the road, the Indiana Department of Transportation
has designated more than one-third of its entire federal highway aid this year toward building 27 miles of Interstate 69 between
Crane and Bloomington.
MoreSenators look to sunset city's ticket, excise tax hikes
February 9, 2013
Legislator says the recent tax increases aren't being used for the purpose intended when such increases were authorized in
2009.
MoreIs Indianapolis becoming too expensive for conventions?
February 9, 2013
Anthony SchoettleA recent tax increase coupled with cut-rate competition from other cities has Indianapolis-area convention and meeting officials
fretting about losing a longtime cost advantage.
MoreIndiana Democrats to seek Medicaid expansion
February 8, 2013
Associated PressDemocratic leaders in the Indiana General Assembly are seeking expanded Medicaid coverage with the argument that it will lower
health care costs statewide.
MoreIndiana House education panel OKs voucher expansion
February 7, 2013
Associated PressThe measure would remove a one-year waiting period students have to spend in public school before qualifying for a voucher
and qualify wealthier families for the program in certain cases.
MoreJury: Real estate execs Bales, Spencer not guilty of fraud
February 7, 2013
Cory SchoutenSOUTH BEND — John M. Bales lifted his crossed hands to his face and began to cry Thursday evening as a federal judge
read the same jury verdict on each of 13 fraud counts against the real estate broker and his partner: Not guilty.
MoreLawmakers sideline same-sex marriage ballot until 2014
February 7, 2013
Associated PressIndiana's Republican House and Senate leaders said Thursday they will wait a year before they take up an effort to write
a same-sex marriage ban into the state's constitution.
MoreCraft brewers stay neutral on Sunday alcohol sales
February 7, 2013
Associated PressIndiana's craft breweries account for only a tiny percentage of annual statewide beer sales, but they've enjoyed a
sweet spot on Sundays for the past two-plus years.
MoreStruggling Greenwood biotech firm finds buyer
February 7, 2013
IBJ StaffElona Biotechnologies Inc., which has been struggling to repay Greenwood for more than $8 million in economic development
incentives, says it has solution to its financial problems.
MorePence rules out Medicaid expansion in current form
February 6, 2013
Associated PressGov. Mike Pence said Wednesday that he has ruled out expanding Medicaid under the federal health care law unless Indiana gets
approval to use state health savings accounts for the expansion.
MoreBill limiting Indiana specialty auto plates advances
February 6, 2013
Associated PressThe state lawmaker trying to overhaul Indiana's specialty auto license plate system said Wednesday he believed a compromise
has been reached on changes.
MoreJudge OKs sale of Indiana's oldest ethanol plant
February 6, 2013
Associated PressA joint venture bought the New Energy Corp. plant at auction last week for $2.5 million. New Energy had hoped the auction
would cover the company's $54 million in debt. A large portion of that debt is owed to the U.S. Department of Energy, which
guaranteed the original loans.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.