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Governor signs bill limiting specialty license plates

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A plan overhauling Indiana's specialty auto license plate system and requiring all groups with plates to sell 500 a year has been signed into law by Gov. Mike Pence.

The bill approved by lawmakers creates an eight-member bipartisan commission to review requests from not-for-profit groups seeking specialty plates. The panel will check financial reports at least once a decade on how the groups are spending their plate proceeds.

The bill sets a limit of 150 specialty plates. A legislative report shows that 17 of the 92 specialty plates sold during the past two years fell short of selling the minimum 500 plates a year.

Supporters say the new rules are meant to keep a handle on the number of specialty plates and ensure the money is spent appropriately.

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  • Help Governor!
    So where are the jobs? Maybe we can put everyone to work making license plates. Oops, Sorry! We use criminals for license plate production. Oh well, the legislature and the governor are too busy saving us from ourselves to worry about jobs. I guess we could Wander Indiana For Jobs!
  • One Plate
    Remember when you could easily identify what state a vehicle was from because each state had one design? If I were in law enforcement, I'd be advocating for one design per state. (Of course, I'd also lobby for requiring Indiana vehicles to have two license plates like most other states require.) If you want to support something, make a donation and buy a bumper sticker. I suppose I'm a little old-fashioned that way.
  • Nothing has changed
    The rules were always that 500 plates had to be sold each year. Apparently, the enforcement of that rule was lacking- As a not for profit, I gathered 800 signatures from citizens that would buy our proposed plate and we were denied by the government. They stated that the Police were concerned that there are already too many specialty plates in this state and that law enforcement no longer recognized all of the different ones therefore they didn't wish to grant any additional plates being placed into the marketplace. I guess the PD wasn't asked this time around OR the gov't doesn't care what they had to say.
  • Point on
    What an embarrassment that the indiana government is wasting it's time on items like this.

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  1. Apologies for the wall of text. I promise I had this nicely formatted in paragraphs in Notepad before pasting here.

  2. I believe that is incorrect Sir, the people's tax-dollars are NOT paying for the companies investment. Without the tax-break the company would be paying an ADDITIONAL $11.1 million in taxes ON TOP of their $22.5 Million investment (Building + IT), for a total of $33.6M or a 50% tax rate. Also, the article does not specify what the total taxes were BEFORE the break. Usually such a corporate tax-break is a 'discount' not a 100% wavier of tax obligations. For sake of example lets say the original taxes added up to $30M over 10 years. $12.5M, New Building $10.0M, IT infrastructure $30.0M, Total Taxes (Example Number) == $52.5M ININ's Cost - $1.8M /10 years, Tax Break (Building) - $0.75M /10 years, Tax Break (IT Infrastructure) - $8.6M /2 years, Tax Breaks (against Hiring Commitment: 430 new jobs /2 years) == 11.5M Possible tax breaks. ININ TOTAL COST: $41M Even if you assume a 100% break, change the '30.0M' to '11.5M' and you can see the Company will be paying a minimum of $22.5, out-of-pocket for their capital-investment - NOT the tax-payers. Also note, much of this money is being spent locally in Indiana and it is creating 430 jobs in your city. I admit I'm a little unclear which tax-breaks are allocated to exactly which expenses. Clearly this is all oversimplified but I think we have both made our points! :) Sorry for the long post.

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