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Indiana Senate backs tougher sex-trafficking law

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The Indiana Senate has approved a bill to toughen penalties for sex trafficking, and supporters hope it will become law before football fans converge on Indianapolis for the Super Bowl in less than a month.

The Senate voted 48-0 in favor of the bill on Tuesday, sending it to the House for consideration.

Prosecutors and other supporters say the bill would make it easier to prosecute sex trafficking cases involving victims younger than 16 and broaden the law for cases with older victims.

The bill makes recruiting, transporting or harboring anyone younger than 16 for prostitution or other sexual conduct a felony punishable by 20 years to 50 years in prison. It also would bar defendants from arguing a child consented to the sexual activity.

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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

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