Government & Economic Development

Budget would take slice out of growing horse industry

February 19, 2011
Francesca Jarosz
A move by budget-makers to tap the kitty that feeds the state’s horse-racing industry could deal a blow to the business just as Indiana is starting to gain ground on its neighbors.
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Bills seek utility rate flexibility to comply with EPA mandatesRestricted Content

February 19, 2011
Chris O'Malley
Indiana’s utilities have energetically sought legislation this session that would allow them to quickly charge ratepayers for the cost of new federal mandates to reduce pollution.
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Council may give up crime-grant duty to Parks Foundation

February 19, 2011
Kathleen McLaughlin
Under a proposal on its way to the City-County Council, the Indianapolis Parks Foundation would oversee millions of dollars in tax-supported grants for crime prevention.
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Near-east-side business district gets new tenant—a yoga studio

February 19, 2011
 IBJ Staff
The budding commercial district, dubbed 10 East Main Street, landed Metta Yoga at 2807 E. 10th St.
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GOP-led Indiana House panel OKs new budget proposal

February 18, 2011
Associated Press
A Republican-controlled Indiana House committee has approved a GOP budget proposal that would keep overall education funding at current levels while making major shifts in the way money is divvied up among individual school districts.
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Local group heading Down Under for biz opportunities

February 18, 2011
Develop Indy, Marion County's local economic development organization, plans to lead a delegation of officials to Australia to attract life sciences-related business opportunities, the group announced Friday morning.
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GOP senators leery of Indiana immigration crackdown

February 17, 2011
Associated Press
A bill aimed at having an Arizona-style crackdown on illegal immigration in Indiana is on its way to the state Senate, but some Republican senators expressed concerns Thursday about the ramifications for law enforcement and taxpayers.
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UPDATE: GOP budget includes big shift in school funding

February 17, 2011
Associated Press
Individual school districts could see major shifts in funding but overall education funding would remain at current levels under a state budget plan presented Thursday by Republicans who control the Indiana House.
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Indy Partnership may reduce role in job recruitment

February 17, 2011
Cory Schouten
A merger among local economic development organizations could further diminish the role Indy Partnership plays in recruiting jobs to the city and region.
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IEDC leading jobs mission to India

February 17, 2011
The Indiana Economic Development Corp. will lead the state’s first jobs mission to India next week to help establish relationships with high-tech companies, the state agency said on Thursday.
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Gun bill raises concerns for CIB properties

February 17, 2011
Scott Olson
Legislation that would allow Hoosiers with gun permits to carry their weapons into municipal properties could affect Lucas Oil Stadium and the Indiana Convention Center.
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Panel OKs plan to cut Indiana corporate tax rate

February 16, 2011
Associated Press
A proposed cut of more than 20 percent in the state's corporate income tax rate would improve Indiana's business climate without hurting the state budget, the leader of the Indiana Senate's tax committee said Wednesday.
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China company bringing 150 jobs to Lafayette

February 16, 2011
Nanshan America Co. will invest $98.5 million to construct a manufacturing facility and office building, with work slated to begin in the spring. The company will start hiring in the fall.
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UPDATE: House votes to kill pricey jet fighter engine

February 16, 2011
Associated Press
The decision on military budget cuts could have a big impact on the Indianapolis operations of Rolls-Royce Corp., the city’s second-largest manufacturer behind Eli Lilly and Co.
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Lawmaker wants state to stop funding Planned Parenthood

February 16, 2011
Associated Press
Rep. Matt Ubelor of Bloomfield said he wants to cut off about $1.6 million that Planned Parenthood of Indiana receives from the state because he believes abortion providers shouldn't receive taxpayer funding.
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Universities, refugees fuel Indiana's Asian growth

February 16, 2011
Associated Press
That growth has been concentrated in five counties that account for nearly 60 percent of the state's Asian population. Those counties are Allen, Hamilton, Marion, Monroe and Tippecanoe
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GOP-led panel tweaks Daniels' school voucher bill

February 15, 2011
Associated Press
Fewer families would qualify for private school vouchers under changes Republican lawmakers have made to Indiana Gov. Mitch Daniels' controversial proposal.
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Indiana Senate panel advances marijuana, meth bills

February 15, 2011
Associated Press
The Senate's criminal law committee voted 5-3 to advance to the full Senate the bill directing the criminal law and sentencing study committee to examine Indiana's marijuana laws next summer and make recommendations.
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Union protests at Statehouse on GOP proposals

February 15, 2011
Associated Press
The future of the bill drawing the strongest ire of the union members remained uncertain as a Republican committee chairman said a decision had not been made on whether so-called right-to-work legislation would be considered this session.
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Indiana House OKs amendment banning gay marriage

February 15, 2011
Associated Press
The Republican-controlled House voted 70-26 to advance the proposal, which must clear two separately-elected Legislatures to get on the ballot for a public vote.
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Booster groups Indy Partnership, Develop Indy to merge

February 15, 2011
Cory Schouten
Local economic development groups Indy Partnership and Develop Indy plan to combine operations to save money and more effectively pitch the city and region to potential job creators.
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Parking meter replacement set to begin in March

February 15, 2011
Scott Olson
Affiliated Computer Services, which struck a deal late last year to manage the city's parking meters, will begin replacing meters in downtown Indianapolis and Broad Ripple early next month.
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Senate committee passes sentencing-reform bill

February 15, 2011
Associated Press
An Indiana Senate committee has passed a plan that would keep violent felons in prison longer and reduce punishments for many thefts and drug crimes.
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Indiana launches $250K ad blitz for Illinois businesses

February 15, 2011
Associated Press
State and local officials in northwest Indiana are investing $250,000 in billboards and television and print ads will appear across Illinois and target that state's personal and corporate tax increases.
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Vote delayed on Indiana same-sex marriage amendment

February 14, 2011
Associated Press
Resolution sponsor Rep. Eric Turner of Marion said he wouldn't call it for a vote on Monday because some House members who want to support it were absent for the day.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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