Government & Economic Development

Feds reject Indiana request for health care exemption

November 28, 2011
Associated Press
The U.S. Department of Health and Human Services on Monday rejected Indiana's bid for an exemption from federal health care overhaul rules that require insurers selling policies to individuals to essentially dedicate 80 percent of the premiums they collect to medical care.
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SEC accuses Positron CEO of misleading investors

November 28, 2011
Chris O'Malley
Regulators allege CEO Patrick G. Rooney diverted millions of dollars from a hedge fund into the struggling Fishers company without investors' knowledge.
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JONES: Patent reform is mixed bag for life sciences companiesRestricted Content

November 26, 2011
Kristin Jones / Special to IBJ
For Indiana's life sciences sector, the change both raises hopes and creates challenges for continued growth.
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Develop Indy and partner will focus on small business supportRestricted Content

November 26, 2011
 IBJ Staff
Business Ownership Initiative of Central Indiana focuses on one-on-one counseling, capital access.
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Judge allows class in suit against state tort law

November 23, 2011
Associated Press
U.S. District Judge Sarah Evans Barker has certified the victims of the Indiana State Fair stage collapse as a single class in a lawsuit challenging a law that caps the state's liability at $5 million. However, she concluded the plaintiffs are unlikely to win the challenge.
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Study: State loses millions annually in online sales taxes

November 22, 2011
Scott Olson
The report from the Indiana Fiscal Policy Institute says the state loses $40 million to $114 million every year in sales tax revenue from sales to online retailers such as Amazon.
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State unemployment rate inches up to 9 percent

November 22, 2011
 IBJ Staff
Indiana's jobless rate rose to 9 percent in October, up from 8.9 percent the previous month, marking the fifth straight month the state's unemployment rate has risen.
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Indiana Legislature set for new right-to-work fight

November 21, 2011
 IBJ Staff and Associated Press
Indiana House Speaker Brian Bosma says that passing a contentious right-to-work proposal will be his top priority during the coming legislative session.
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Indiana voucher memo confuses, concerns districts

November 20, 2011
Associated Press
A memo that sparked concern among Indiana's school districts by saying they would begin losing funding this month under the state's new private school voucher law was sent "prematurely" a state education official says.
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Mass Ave deal's brokerage fee raising eyebrowsRestricted Content

November 19, 2011
Cory Schouten
A real estate brokerage picked by the city to spearhead redevelopment of a prime Mass Ave parcel occupied by the Indianapolis Fire Department stands to collect a million-dollar-plus payday if it closes the deal.
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Passengers likely would shoulder chunk of transit system costsRestricted Content

November 19, 2011
Chris O'Malley
Federal transit data suggests passenger fares would generate about one-fourth of the money needed to operate a suburban rail and expanded bus system proposed for the region.
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State lets Occupy Indy protesters keep small camp

November 17, 2011
Associated Press
Indiana officials are declaring détente with Occupy Indy demonstrators after the protesters removed much of their camping equipment from the Statehouse lawn.
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Occupy Indy protesters ordered to clear out camp

November 16, 2011
Associated Press
State officials gave Occupy Indy protesters 24 hours to remove their tents, sleeping bags and other camping accessories from the Statehouse lawn and warned there could be arrests Thursday should anybody resist the efforts to remove the items.
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Indiana Legislature taking 2-day break for Super Bowl

November 16, 2011
Associated Press
Demand for hotel rooms will make it difficult for some out-of-town lawmakers to find at hotel rooms or long-term residences in Indianapolis.
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Agency endorses big cut to state horse racing’s $58M subsidy

November 16, 2011
Scott Olson
The Indiana Inspector General recommends in a report that the annual subsidy paid to the state's horse racing community be reduced by more than half, to $28 million.
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City-County Council Republican to propose tougher smoking ban

November 15, 2011
 IBJ Staff, Associated Press
The Republican president of the City-County Council in Indianapolis says his party plans to introduce an expanded smoking ban that would take effect before the Super Bowl.
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Homeless advocates pitch local sales-tax hike

November 15, 2011
Kathleen McLaughlin
CHIP, the Coalition for Homelessness Intervention and Prevention, said it wants Marion County taxpayers to create a permanent, dedicated source of funding for housing and services.
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Indiana National Guard opens biggest armory in state

November 15, 2011
Associated Press
The Indiana National Guard has opened a new $27 million training facility in Franklin that is the largest of its 65 armories around the state.
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U.S. high court takes Indianapolis sewer case

November 15, 2011
Michael W. Hoskins,  IBJ Staff
The Supreme Court of the United States agreed Monday to review a case that questions whether the city of Indianapolis violated the U.S. Constitution in how it handled refunds for residents who paid assessments on local sewer projects.
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Indiana legislative panel endorses test of iPads

November 14, 2011
Associated Press
An Indiana legislative panel endorsed a pilot program Monday that would equip two General Assembly committees with iPads in the upcoming session as part of a push to cut the amount of paper used to print copies of bills for lawmakers.
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Logistics company plans 315 jobs in North Vernon

November 14, 2011
 IBJ Staff
Exegistics, a Wheeling, Ill.-based logistics service provider, said Monday it plans to spend about $9 million to build a rail-sided distribution facility in North Vernon, creating up to 315 jobs by the end of 2014.
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Supreme Court to hear health care reform case this term

November 14, 2011
Associated Press
The Supreme Court said Monday it will hear arguments next March over President Barack Obama's health care overhaul — a case that could shake the political landscape just as voters are deciding if Obama deserves another term.
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Daniels eyes right-to-work legislation in final session

November 13, 2011
Associated Press
Indiana Gov. Mitch Daniels has long flirted with right-to-work legislation, but is letting the General Assembly take the lead.
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Experts discuss Super Bowl XLVI in Indianapolis

November 12, 2011
Anthony Schoettle
Figures who played key roles in attracting the big game and for making the event a success share their insights.
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Civic leaders urge Ballard to tackle woes facing urban coreRestricted Content

November 12, 2011
Francesca Jarosz
Community leaders are coalescing around a three-prong strategy to attract residents and capital to neighborhoods from just outside downtown to the borders of Interstate 465. It’s not yet clear whether all the initiatives will have the full support of Indianapolis Mayor Greg Ballard.
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