Senate Republicans unanimously greenlit a bill imposing certain provisions to the Healthy Indiana Plan, including adding a cap to the program—meaning hundreds of thousands of Hoosiers could lose coverage.
The bill would reduce property taxes—and therefore reduce local government revenue—by about $1.4 billion over three years, according to the bill’s fiscal plan.
The two-year spending plan funds many of Gov. Mike Braun’s agenda items—including additional funding for private school vouchers—but doesn’t include several state tax cuts the new governor proposed.
Increasing vacancy rates fueled by both the pandemic and changing attitudes about what company executives and workers want in their office space have led Carmel leaders to look at how to give the corridor a second act.
All in, the cost of the redevelopment of Pan Am Plaza is expected to be about $780 million, with the convention center expansion cost covered through bonds backed by the city’s consolidated tax-increment financing district.
IBJ corrects errors in stories and columns. When those are errors of fact or clarifications of context or tone, we will put those corrections here, with links to the corrected stories.
The Morgan County Plan Commission on Monday decided to give a favorable recommendation for a rezoning request that would pave the way for a data center on a 391-acre site in the northern part of the county.
Specific details for the loan, which could be forgiven if the Simon family’s development affiliate meets certain terms, are expected to be finalized in coming months.
Plans call for the proposed $1.2 billion development east of Grand Park Sports Campus to include a full-dome planetarium, hotel, retail, offices and multifamily housing.
The sports complex, which is set to embark on a major entertainment and business district, now generates enough tax-increment-financing revenue to fully cover its debt payments.
In the nationwide run-up of egg prices—due largely to an outbreak of highly pathogenic avian influenza, or bird flu—one group of businesses is hit particularly hard: brunch restaurants.
