Key committee sends tax caps bill to full House
Bills aimed at placing caps on property tax bills to the state constitution are now before both chambers of the Indiana General
Assembly.
Bills aimed at placing caps on property tax bills to the state constitution are now before both chambers of the Indiana General
Assembly.
The House Ways and Means Committee voted 14-10 Monday in favor of the bill, which now heads to the full House for consideration.
State lawmakers are weighing possible changes to state gambling laws at a time when growing competition from out-of-state
casinos threatens to cut into business at Indiana’s 11 riverboat casinos.
Economist Paul Samuelson, who won a Nobel prize for his effort to bring mathematical analysis into economics, helped
shape tax policy in the Kennedy administration and wrote a textbook read by millions of college students, died Sunday.
Hybrid system of technology and human contact to be tried in 10 counties before wider roll-out
Shares of KAR Auction Services Inc. Friday inched above prices set by the vehicle auctioneer in its initial public offering.
Stock in Carmel-based KAR Auction Services Inc. on Friday morning traded below prices set by the vehicle auctioneer in its
initial public offering.
Businesses unexpectedly increased their inventories in October, halting a slide of 13 consecutive declines. The small gain,
along with a fifth straight increase in sales, raised hopes that businesses will begin restocking their depleted shelves,
helping support the economic recovery.
The government’s report came as a surprise because the nation’s retailers have been reporting generally lackluster results
for the start of the holiday shopping season.
Steel Dynamics Inc., the nation’s fifth-largest producer of carbon steel products, said Thursday it expects fourth-quarter
earnings to decline from third-quarter levels due to lower shipments and weaker profit margins at its metal recycling operations.
The project will nearly double the convention center’s size and put Indianapolis 16th among U.S. cities in convention space.
Talk of expanding the NCAA tournament is almost always done in public, most notably by Syracuse coach Jim Boeheim in 2006.
Now, the Indianapolis-based NCAA is looking into it behind closed doors—at least preliminarily.
The Eli Lilly and Co. Foundation has given Indiana University $1 million to start a school of public health at Indiana University-Purdue
University Indianapolis.
The Carmel-based auctioneer had expected to raise $340.9 million through its IPO, but the company said it would sell 25 million common shares at $12 each for total proceeds of $300 million.
The number of newly laid-off workers seeking jobless benefits rose more than expected last week, after falling for five straight
weeks.
The Indiana Utility Regulatory Commission’s goal is annual statewide energy savings of 2 percent within a decade.
Eli Lilly and Co. said it still expects its earnings per share to grow in the double-digit range through 2011.
The Gaming Study Committee’s report said allowing riverboat casinos to relocate inland could be helpful.
Bills aimed at adding caps on property tax bills to the state constitution and delaying increases on unemployment insurance
taxes are now before the full Republican-controlled Senate, weeks before the entire Legislature convenes on Jan. 5.
Indiana’s farmers are facing their latest corn harvest in nearly 40 years because of a long stretch of bad weather that’s
kept them out of their fields.