Government & Economic Development

State mulls ditching traditional pensionsRestricted Content

November 5, 2011
Francesca Jarosz
Lawmakers are mulling converting the state’s pension system into a 401(k)-like model, bringing Indiana into the heated national debate over public pensions.
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Indianapolis' tech sector getting some Silicon Valley credRestricted Content

November 5, 2011
Chris O'Malley
TechPoint’s 13th annual technology summit might be more notable not for who is on the formal agenda but for who is in the audience.
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Court case might roil not-for-profit tax rulesRestricted Content

November 5, 2011
Francesca Jarosz
A Bartholomew County not-for-profit affordable housing development group is preparing to fight in Indiana Tax Court a denial of its property-tax exemption. The denial has put the organization $200,000 in debt and its rental homes in danger of tax foreclosure.
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City's original Carnegie library hits the century markRestricted Content

November 5, 2011
 IBJ Staff
The branch at 2822 E. Washington St. was one of five libraries in the city built with funds from the Andrew Carnegie Foundation.
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Daniels says 'right-to-work' law would help Indiana

November 4, 2011
Associated Press
Indiana Gov. Mitch Daniels said a right-to-work law would make the state more competitive when its comes to business-expansion opportunities.
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Lawmakers looking for solutions to online sales tax issue

November 4, 2011
Francesca Jarosz
At least one Indiana lawmaker plans to file a bill requiring the state to collect sales taxes from online retailers like Amazon.com. Other state lawmakers are working on a federal solution.
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Turkish manufacturer selects Muncie for U.S. headquarters

November 4, 2011
Kermit USA, a manufacturer and distributor of resin-composite roofing systems, plans to add 70 jobs by 2016 as part of a $12.5 million expansion in the Delaware County city.
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Unemployment dips despite decline in pace of hiring

November 4, 2011
Associated Press
The national economy added 80,000 jobs last month, the fewest in four months, but the unemployment rate dipped from 9.1 percent to 9 percent.
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Indiana continues modest tax-collection gains

November 3, 2011
Associated Press
The state announced Thursday it took in nearly $41 million more than expected last month. The state overshot its estimates by a modest 3.8 percent although collections are vastly improved from a year ago.
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Simon sues state over sales-tax loophole for Amazon.com

November 3, 2011
Cory Schouten
Simon Property Group Inc. has filed suit against the Indiana Department of Revenue in an attempt to force the state to collect sales taxes from Amazon.com Inc.
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City files nuisance charges against property owner

November 3, 2011
The complaint alleges that David J. Williams' properties have been the subject of more than 400 violations and have generated more than 30 police reports for criminal activity.
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Indiana Fair stage collapse legal claims reach 100

November 2, 2011
Associated Press
The deadline for victims of the deadly Indiana State Fair stage collapse to file legal claims with the state has passed, and officials say they're close to figuring out how much to pay each victim out of the allotted $5 million.
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Indiana AG to testify against cell phone bill

November 2, 2011
Associated Press
The bill being considered in the U.S. House would allow telemarketers and debt collectors to start dialing residents' cell phones and, if approved, would override Indiana's "Do Not Call" law and lead to a flood of robocalls, Greg Zoeller said.
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Indiana officials blast feds for 'over-regulation' on reform

November 1, 2011
J.K. Wall
Michael Gargano, secretary of the Indiana Family and Social Services Administration, blasted the rules for both “glaring omissions” as well as creating new and unfunded “mandates” not included in the 2010 health reform law
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Consolidation eyed for Indiana mail processing centers

November 1, 2011
Associated Press
The U.S. Postal Service is moving closer to closing the mail processing center in Terre Haute and moving its work to Indianapolis and Evansville. The South Bend center work would shift to Fort Wayne.
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Ener1 becomes latest energy aid recipient in trouble

October 31, 2011
Bloomberg News
Electric-car battery maker Ener1 Inc., whose shares were delisted from the NASDAQ stock market Oct. 28, is the latest recipient of U.S. Energy Department aid to run into financial trouble and draw congressional scrutiny.
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Heartland Sweeteners plans $10M upgrade to Indy plant

October 31, 2011
J.K. Wall
Heartland Sweeteners LLC plans to spend nearly $10 million to upgrade its Indianapolis plant and potentially boost its work force there by 39 employees in the next five years.
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Guitar Center seeks abatement for new call center

October 31, 2011
The company plans to hire 246 employees to staff a call center on the northwest side of Indianapolis after announcing in August that it would close its call center in South Bend and move operations here.
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Mayoral race draws gifts from outside city, stateRestricted Content

October 29, 2011
Francesca Jarosz
About a third of the money that flowed to Indianapolis mayoral candidates Greg Ballard and Melina Kennedy in the most recent fundraising cycle came from donors not eligible to vote in the election.
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Drug theft is ongoing battle for pharmaciesRestricted Content

October 29, 2011
Chris O'Malley
Over the last 12 months, the Indiana Board of Pharmacy has conducted license litigation involving at least 35 pharmacy personnel statewide who've been accused of stealing drugs from work.
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Carmel's Palladium subsidy multipliesRestricted Content

October 29, 2011
Kathleen McLaughlin
The city of Carmel will subsidize its new performing arts complex to the tune of $5.5 million this year, nearly triple the amount provided last year.
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Presidential visit to Super Bowl would up security ante

October 29, 2011
Anthony Schoettle
Security for Indianapolis’ Super Bowl—already ramped up from regular-season NFL games—could get even tighter. Sources said there has been talk of President Obama attending the February event.
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Charities disagree on potential impact of tax changeRestricted Content

October 29, 2011
Kathleen McLaughlin
Not-for-profit-sector lobbyists are fighting President Obama’s proposal to limit the tax deduction for charitable donations. Yet some local fundraisers who could be affected by it aren’t concerned.
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Court sides with racinos in tax dispute with state

October 27, 2011
Francesca Jarosz
A federal bankruptcy court has sided with two Indiana racinos in a dispute over their tax burdens, a ruling that could reduce the total amount they pay into state coffers by as much as $30 million per year.
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Indiana panel recommends right-to-work legislation

October 26, 2011
Associated Press
An Indiana panel voted to urge lawmakers to approve "right-to-work" legislation when they reconvene in January in a move that could set the stage for another showdown with House Democrats.
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