Senate committee settles on big changes to casino bill, but concerns remain over location, public input
An amended House Bill 1038 passed the Indiana Senate Appropriations Committee in an 8-5 vote that saw bipartisan opposition.
An amended House Bill 1038 passed the Indiana Senate Appropriations Committee in an 8-5 vote that saw bipartisan opposition.
Senate Bill 27 creates the framework for a stadium deal by establishing a public body that can issue bonds, acquire land, finance capital improvements and enter into leases.
Language introduced in the Indiana Senate on Thursday would create a stadium authority authorized to acquire land, finance capital improvements and enter into leases with private entities, including NFL teams.
The inter-chamber dynamics are fascinating, but there’s no time for petty politics in shaping this budget.
Republican and Democratic leaders of the City-County Council say they want the opportunity to fully debate a bill that would funnel state and local tax revenue to an 18,000-seat stadium that would be part of a larger mixed-use development.
The state’s top budget-writing senator doesn’t see a reason to schedule a hearing for a bill that would help fund a proposed soccer stadium for the Indy Eleven.
A bill filed by Senate Appropriations Chairman Ryan Mishler would extend the life of multiple tourism- and entertainment-related taxes that help fund the Capital Improvement Board and expand the footprint of what’s known as the Professional Sports Development Area to capture even more tax revenue for the CIB. But there’s a catch.
State fiscal leaders heard some good and bad news about the state budget Monday morning in a highly anticipated revenue forecast that predicted tax receipts for the next two years.
In the long run, no changes will be more important than the Senate fiscal posts.
Sen. Luke Kenley plans to retire later this year after serving since 1992 in the Indiana Senate and leading the budget-writing panel since 2009.