Government & Economic Development

Business tax cuts enter House, Senate negotiations

March 4, 2014
Associated Press
The Senate voted 33-15 Tuesday to advance the package, sending it to a conference committee of House and Senate members.
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City announces short list for creating justice complex

March 4, 2014
Kathleen McLaughlin
Indianapolis officials Tuesday named three development groups that will be invited to submit proposals to create a new criminal justice complex.
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Bill adds oversight to redevelopment commissions

March 4, 2014
Kathleen McLaughlin
The Indiana House approved a Senate bill that adds transparency to redevelopment commissions and forces decades-old tax-increment financing districts to expire.
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Stonegate plans to add 400 workers in expansion

March 4, 2014
Chris O'Malley
The mortgage company plans to invest $6.2 million in new office space in Carmel, at the North Haven office park, helping it double its work force by 2017.
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House sends industrial hemp bill back to Senate

March 3, 2014
 The Statehouse File
The Indiana House approved a bill Monday that would allow farmers to grow hemp – a non-intoxicating cousin of marijuana – if the federal government lifts restrictions on the crop.
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Mass transit bill headed to conference committee

March 3, 2014
 The Statehouse File
The Indiana House passed legislation to authorize new taxes for an expanded bus system but the bill is headed to a conference committee where lawmakers will try to find a compromise on the issue.
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Committee urges hiring commitment for $81M MSA tower project

March 3, 2014
Scott Olson
A City-County Council committee recommended approval for the 28-story building but only if the developer pledges that 30 percent of the workers it hires to build the tower live in Marion County.
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Police, FBI investigate Elwood mayor's campaign spending

March 3, 2014
Associated Press
The treasurer of Elwood Mayor Ron Arnold's campaign committee said he's been questioned by state and federal officers about Arnold's expenditures for out-of-state travel and personal bills.
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Legislation would allow ads on public school buses

March 3, 2014
Associated Press
The bill, approved by the Indiana Senate 49-0, would allow advertising on school buses in two Indianapolis neighborhoods and a school district just north of the city.
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Campaign money offer exposed in Indiana gay marriage fight

March 2, 2014
Associated Press
A former state Republican Party chairman's pledge to provide campaign cash to protect House members who were considering voting against a constitutional gay marriage ban offers a rare look at the private power game that plays out at the Statehouse.
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Indiana one of many states aiming to limit tanning

March 2, 2014
Associated Press
Lawmakers' efforts to crack down on the use of Indiana tanning beds this year are part of a national push to limit young people's exposure to risks that include skin cancer.
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High school/college blend charter pitched by mayorRestricted Content

March 1, 2014
J.K. Wall
Indianapolis Mayor Greg Ballard wants to launch a new kind of charter school that would allow students to earn both high school and college credentials in fields with lots of jobs and good wages.
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Bill to help some teachers repay loans advances

February 28, 2014
Associated Press
Certain students who go on to teach science, math or special education in Indiana could get up to $9,000 to pay off loans if a legislative proposal becomes law.
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State lawmakers advance roads, education measures

February 27, 2014
Associated Press
Indiana lawmakers advanced a wide range of measures Thursday as they headed into the final two weeks of their 2014 session, setting up last-minute negotiations on everything from road funding to education.
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Tech startup plans 150 local jobs by 2018

February 27, 2014
 IBJ Staff
Gusto LLC, a tech startup founded by former ChaCha and Overstock.com executive Shawn Schwegman, said it will invest $975,000 to launch the company and its debut product.
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Ballard outlines list of initiatives in annual 'state of' address

February 27, 2014
Kathleen McLaughlin
Indianapolis Mayor Greg Ballard, in his annual State of the City address Thursday night, went through a checklist of potential projects while exhorting citizens to become ambassadors for the city.
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Analysis casts doubt on revenue projection for soccer stadium

February 27, 2014
Kathleen McLaughlin, Cory Schouten
The Indy Eleven soccer team would generate just $2 million to $4 million a year in ticket sales, a fraction of the $51 million that owner Ersal Ozdemir has estimated a new downtown stadium would generate including non-soccer events, according to an independent analysis.
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IndyGo unveils design of $20M downtown transit center

February 27, 2014
Scott Olson
Construction of the hub, which Mayor Greg Ballard noted Thursday in his annual State of the City address, is set to begin this fall with completion expected by the end of 2015.
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Indiana Senate panel approves welfare drug tests

February 27, 2014
Associated Press
The current version of the measure is far less sweeping than what supporters originally sought. The measure approved Thursday would only apply to welfare recipients who had previously been convicted of a drug crime.
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Indiana House backs tossing national school standards

February 27, 2014
Associated Press
The Indiana House voted 67-26 Thursday to nix the Common Core school standards currently in place.
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Pence continues pitch for preschool voucher plan

February 26, 2014
Associated Press
Indiana Gov. Mike Pence spent Wednesday morning highlighting the work of an Indianapolis preschool as he made a final pitch for an early education voucher plan that has foundered in the Legislature.
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Indiana House OKs bill to end efficiency program

February 26, 2014
Associated Press
The bill's author, Sen. Jim Merritt, R-Indianapolis, said he's going to take the next few days to review the House's changes before determining whether to ask the Senate to approve it or send the bill to a conference committee to restore its original wording.
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Modified hemp legalization bill moves to full House

February 26, 2014
 The Statehouse File
The legalization of the production of industrial hemp is a step closer to reality in Indiana after the House Agricultural Committee passed an amended bill Tuesday.
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Bill allowing state fair alcohol sales heads to governor

February 25, 2014
Jacob Rund, The Statehouse File
The bill, authored by Sen. James Merritt, R-Indianapolis, seeks to end a nearly 70-year old ban on beer and alcohol sales at the state fair.
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Indiana lawmakers draw close on business tax deal

February 25, 2014
Associated Press
The House Ways and Means Committee and the Senate Tax and Fiscal Policy advanced two separate measures Tuesday that would cut the state's corporate income tax and the state's business equipment tax in certain cases.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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