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Legislative roundup: Braun’s property tax overhaul gets a hearing; more bills move to opposite chamber

February 7, 2025 | Cate Charron

While many chairs are winding down hearings on the bills assigned to their committees, one of the most anticipated pieces of legislation for the 2025 session had its first committee hearing this week.

Indiana Senate OKs anti-DEI bill that takes aim at state agencies, schools

February 7, 2025 | Casey Smith, Indiana Capital Chronicle

The bill advanced after more than three hours of floor debate—and following a contentious, unprecedented challenge to Lt. Gov. Micah Beckwith’s Senate presidency.

U.S. employers add 143,000 jobs, jobless rate falls to 4%

February 7, 2025 | Associated Press

Most Americans still enjoy unusual job security. But for those looking for work, the job hunt has been getting harder compared with the red-hot hiring days of 2021-2023.

Planned practice center aims to help Fever keep up with WNBA competitors

February 7, 2025 | Mickey Shuey

Six other WNBA teams have opened or announced plans for dedicated practice facilities. Fever parent Pacers Sports & Entertainment, which is majority-owned by Herb Simon and his family, plans to invest $78 million in the Fever facility.

Angie Stocklin: How to trust your team to work from home

February 7, 2025 | Angie Stocklin

Trust between an employer and an employee begins with a clear company mission and strong core values and goals.

Q&A with hotelier Jim Dora on downtown, police work and more

February 7, 2025 | Taylor Wooten

In a conversation with IBJ, the CEO of General Hotels Corp. explains how his work has shaped his perspective on downtown and offers his thoughts on the controversial city plan to build and operate a hotel.

Juli Metzger: New diplomas reflect new reality that skills training is a must

February 7, 2025 | Juli Metzger

The world requires a more skilled, more educated workforce than ever. By 2031, three out of four jobs will require some kind of post-secondary education and/or training.

NIH cuts billions of dollars in biomedical funding, effective immediately

February 8, 2025 | The Washington Post

The National Institutes of Health said the change would save more than $4 billion a year, effective immediately.

Lawmakers scrap proposal to increase Indy road funding through property taxes

February 10, 2025 | Cate Charron

Indiana lawmakers advanced road-funding legislation Monday morning without a provision that would have allowed Indianapolis to pose a referendum to its residents to pay for road improvements.

Republican leaders cast doubt on new state tax relief

February 10, 2025 | Whitney Downard, Indiana Capital Chronicle and Niki Kelly, Indiana Capital Chronicle

Despite tax relief being a top priority for Gov. Mike Braun, Republican leaders in the General Assembly seem to be taking a more cautious approach.

Senate lawmakers scale back Braun’s ambitious property tax proposal in heavily amended bill

February 11, 2025 | Cate Charron and Whitney Downard, Indiana Capital Chronicle

The 93-page amendment to Senate Bill 1 introduced Tuesday scrapped an expanded homestead deduction and tax bill caps, which offered the bulk of the plan’s homeowner relief but threatened local government funding.

Federal judge blocks ‘catastrophic’ Trump administration cut to NIH grant funding

February 11, 2025 | Jennifer Shutt, Indiana Capital Chronicle

A judge on Monday prevented the National Institutes of Health from changing the percentage that universities and medical schools are paid in facilities and administrative costs in 22 states.

Amended bill would hit nonprofit hospitals with excise tax over high prices

February 11, 2025 | Daniel Lee

A new amendment to House Bill 1004 would create an excise tax that would penalize hospitals found to be over-charging patients.

Bill to overhaul regional development funding awaits committee vote as deadline ticks closer

February 11, 2025 | Cate Charron

Senate Bill 377 introduces a new framework and requirements for regional development funding, shifting the focus from place-aligned projects to more industry-focused development.

Powell says Fed ‘well positioned’ for ‘risks and uncertainties’ that lie ahead

February 11, 2025 | Associated Press

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday.

Ivy Tech ‘sunsetting’ its Office of Diversity, Equity and Belonging

February 11, 2025 | Alex Brown, Inside INdiana Business

Ivy Tech President Sue Ellspermann said the decision was a proactive move to protect funding amid federal orders and state legislation targeting diversity, equity and inclusion efforts.

Attorneys inundated with questions from businesses, nonprofits about Trump’s policy moves

February 12, 2025 | Daniel Carson, The Indiana Lawyer

The topics of the inquiries range from grant funding to tariffs to immigration to diversity, equity and inclusion.

Indiana House passes bill to create state agency supporting small businesses, entrepreneurs

February 12, 2025 | Cate Charron

House Bill 1172 has broad support from the business community, including the Indiana Chamber of Commerce and the Indiana chapter of the National Federation of Independent Business.

Corrections & clarifications

February 12, 2025 | IBJ Staff

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.

Advocates say Indy’s Vision Zero task force moving too slowly to prevent road deaths. Here’s where it stands.

February 12, 2025 | Taylor Wooten

Cycling advocates say they’re concerned about a lack of transparency and slow movement by the city’s Vision Zero Task Force, which seeks to make Indianapolis streets safer for pedestrians and other road users.

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