States banking big bucks as Fed attempts to fight inflation
State governments emerging from the coronavirus pandemic built historic cash surpluses as inflation in prices and wages drove up sales and income tax collections.
State governments emerging from the coronavirus pandemic built historic cash surpluses as inflation in prices and wages drove up sales and income tax collections.
Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. But a complex web of requirements is casting doubt on whether anyone will be able to receive the full $7,500 credit.
Almost 1,000 cities, towns and villages in the U.S. lost their status as urban areas on Thursday as the U.S. Census Bureau released a new list of places considered urban based on revised criteria.
Ersal Ozdemir—the real estate developer who brought professional soccer to Indianapolis—has married his two passions in a proposed $1 billion mixed-use project planned for the Diamond Chain manufacturing site downtown.
A recent study suggests Hoosiers are likely spending hundreds of millions of dollars a year in illegal, online gambling—things like poker and slot games.
Indianapolis Mayor Joe Hogsett is asking lawmakers to consider the city’s infrastructure, housing, public safety and public health priorities.
The funding requests are part of the governor’s ambitious $3 billion “Next Level Agenda,” which calls on state lawmakers to approve historic investments in education, public health and state employee salaries.
Gov. Eric Holcomb’s plan would give K-12 schools their largest funding increase in more than a decade even amid worries about an expected slowdown in the growth of state tax collections.
The House adjourned Wednesday evening after another contentious day in which Republican Kevin McCarthy of California again failed three times to get the necessary 218 votes to take the speaker’s gavel.
The FTC proposal is based on a preliminary finding that noncompete clauses quash competition in violation of Section 5 of the Federal Trade Commission Act. Section 5 bans unfair methods of competition.
Opponents worry the project could harm the water quality of Lake Monroe, a reservoir that serves all of adjacent Monroe County and provides drinking water for about 120,000 people.
The decision comes nearly two years after a local voting rights activist made a push for the document to be released. Barbara Tully originally asked the attorney general’s office for a copy of the opinion, but the office denied her public records request.
The contours of a deal that could make Republican leader Kevin McCarthy the House speaker have begun to emerge after three grueling days and 11 failed votes in a political spectacle unseen in a century.
The Indiana Economic Development Corp. is asking for $600 million over the next two years for a deal-closing fund, along with a one-time injection of $150 million for a revolving fund for land purchases. Democrats argue that Republicans already have given the agency a “blank check.”
It’s amazing how quickly you can find yourself highly confident with low stability
Rep. Ethan Manning, a Republican from Logansport, said he’ll introduce a bill to allow online casino games, taxing revenue at an 18% rate and sharing some of the proceeds with cities and counties where casinos are located.
Republican Kevin McCarthy was elected House speaker on a historic post-midnight 15th ballot early Saturday, overcoming holdouts from his own ranks.
Education advocates say they see expanding access to both early learning and higher education as critical to the state’s economic health.
When drafting the state’s next budget, lawmakers will need to consider the state’s ongoing commitments and one-time obligations under the cloud of a potential recession.
Renewable energy, climate change mitigation and ongoing efforts to improve statewide water quality are top issues for Indiana environmental advocates in the 2023 legislative session.