Government & Economic Development

Daniels says state discovers extra $300 million

December 6, 2011
Associated Press
Indiana Gov. Mitch Daniels says the state budget will see a one-time cash infusion of $300 million from tax collections that weren't properly transferred into the general fund.
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Judge removes Bosma from case over legislative walkout fines

December 6, 2011
Michael W. Hoskins
A Marion Superior judge has ruled that state courts don’t have the ability to interfere with the Indiana General Assembly’s constitutional authority to pass laws or its own internal rules, including how it compels attendance or imposes fines.
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Eight Indiana mail centers targeted for closure

December 5, 2011
Associated Press
Eight Indiana mail-processing centers in Indiana, including a newly identified one in Columbus, are among 252 nationwide the U.S. Postal Service has proposed closing beginning next April in a cost-cutting move.
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Carmel also likely competing for CME Group

December 5, 2011
Scott Olson
A letter from Carmel Mayor Jim Brainard to a company that fits the Chicago Mercantile Exchange's description says the Indianapolis suburb is prepared to offer $150 million in incentives in return for 1,700 high-paying jobs.
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Rolls-Royce tax-incentives deal set for hearing

December 5, 2011
Cory Schouten
A plan to offer a 10-year tax abatement worth $23 million for Rolls-Royce Corp. to redevelop two plants on the west side and move thousands of office workers into downtown's Faris campus is scheduled for an initial hearing Wednesday.
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Military contractor plans new Indiana headquarters

December 5, 2011
Associated Press
Sellersburg-based Rivera Consulting Group Inc. announced Monday that would build a new facility in Clarksville and expects to add up to 85 jobs over the next three years.
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Determining jobless rate far from exact science

December 4, 2011
Associated Press
The key number used nationally to determine just how deep the problem is, the unemployment rate, is the subject of its own debate.
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Indiana communities run into higher salt prices

December 4, 2011
Associated Press
Communities across Indiana could have less money to pave roads and fill potholes because of rising road salt costs.
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Kokomo upshifting with Chrysler investmentRestricted Content

December 3, 2011
Kathleen McLaughlin
City north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker's transmission plants.
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'Buy local' law to be tweakedRestricted Content

December 3, 2011
 IBJ Staff
New requirement that local governments hire local bidders came under fire.
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Indianapolis courts Chicago Mercantile Exchange

December 2, 2011
 IBJ Staff and Associated Press
Indianapolis' mayor has met with top executives of the Chicago Mercantile Exchange to discuss bringing the 163-year-old financial market to Indiana's largest city. A move would mean hundreds of jobs for Indianapolis.
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Lugar: Obama failing on Brazil trade, cedes clout to China

December 2, 2011
Bloomberg News
The top Republican on the Senate Foreign Relations Committee said President Barack Obama is missing opportunities to strike closer ties with Brazil, allowing China to steal market share from U.S. companies in Latin America’s biggest economy.
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Indiana lawmakers want cursive mandatory in schools

December 1, 2011
Associated Press
Terre Haute Sen. Tim Skinner and Oldenburg Sen. Jean Leising said they plan to submit bills when lawmakers return to Indianapolis in 2012 that would require the writing style be taught.
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Ex-aide running for Indiana seat Pence is giving up

December 1, 2011
Associated Press
Andrew Phipps, a former aide to Republican Rep. Mike Pence, is joining the field for the congressional seat that Pence is giving up to run for governor.
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Plowman receives 40-month federal sentence

December 1, 2011
Scott Olson
A federal judge on Thursday afternoon sentenced former City-County Councilor Lincoln Plowman to 40 months in prison for attempted extortion and bribery.
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Prosecutors recommend 6-1/2 years for Plowman

December 1, 2011
Scott Olson
The former City-County Councilor, convicted in September on federal bribery and attempted extortion charges, is scheduled to be sentenced Thursday afternoon.
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Food company closing in Indiana has unpaid bills

December 1, 2011
Associated Press
An organic food company that is closing its eastern Indiana preparation center was offered up to $3.5 million in state tax credits to open its plant, but it owes more than $31,000 in property taxes and sewer bills.
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GOP governors group names Daniels policy chairman

November 30, 2011
Associated Press
Daniels' policies have frequently been emulated by other Republican governors including Wisconsin' Scott Walker and Ohio's John Kasich.
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Indiana Republicans push drug tests for welfare money

November 30, 2011
Associated Press
Two Indiana Republicans want welfare recipients to pass drug tests before they can receive benefits but similar measures have run up against Fourth Amendment protections against unreasonable search and seizure.
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After hiking taxes, Illinois now considers easing them

November 30, 2011
Associated Press
Less than a year after raising personal and corporate income taxes, Illinois officials are pushing a $250 million package of tax breaks for several prominent businesses threatening to leave for more tax-friendly states, including Indiana.
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LEADING QUESTIONS: Council prez takes 11th-hour run at ban, redistricting

November 30, 2011
Mason King
LQ_Vaughn_watch VideoWhy is Ryan Vaughn ending his tenure as City-County Council president with two hot-button proposals? Can he get the votes for a stronger smoking ban? How does he react to a call for his removal?
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Bond banks in Indiana, other states boost sales

November 30, 2011
 IBJ Staff and Bloomberg News
State municipal-bond banks in Indiana, Vermont, Maine and New Hampshire plan to issue about $190 million in debt this week, as smaller communities seek to take advantage of 10-year interest rates near a six-week low.
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Commission slaps judge over fundraising solicitation

November 30, 2011
Michael W. Hoskins
Judge Rebekah Pierson-Treacy received the admonishment after an August fundraising solicitation sparked controversy.
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States suing over health care law collect funding

November 29, 2011
Associated Press
Federal officials announced Tuesday they are awarding more money to help states carry out President Barack Obama's health care overhaul. Seven states that are suing to overturn the landmark law are also on the list for funding.
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Indiana retailers making push for online sales tax

November 29, 2011
Associated Press
A new coalition of Indiana retailers is planning a lobbying push aimed at convincing state lawmakers to force online businesses to collect the state's 7-percent sales taxes from customers.
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