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Articles

Bill advancing Indiana’s carbon sequestration projects moves forward

March 22, 2023 | Casey Smith, Indiana Capital Chronicle

Senate Bill 451 is part of a years-long effort to move forward the construction of carbon capture and sequestration projects, while also giving special privileges to an Indiana company that is preparing to undertake the nation’s largest carbon dioxide storage project.

Indiana Statehouse

Graduation waivers for Indiana students targeted by lawmakers who worry they’re overused

March 22, 2023 | Amelia Pak-Harvey, Chalkbeat Indiana

Two bills in the legislature aim to discourage the overuse of waivers that exempt high school students from certain graduation requirements, a move that could ultimately bring down graduation rates for Indiana’s districts.

Fed raises key rate by quarter-point despite bank turmoil

March 22, 2023 | Associated Press

The Fed warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions” and “weigh on economic activity, hiring and inflation.”

Survey: Americans’ faith in banks low after failures

March 22, 2023 | Associated Press

The underwhelming assessment of America’s banks and bank regulation comes after a series of shocks brought back disturbing memories of the 2008-2009 financial crisis.

Shackleford releases public safety plan, says Hogsett ‘failed to deliver’

March 22, 2023 | Taylor Wooten

State Rep. Robin Shackleford, a Democratic candidate hoping to unseat incumbent Indianapolis Mayor Joe Hogsett in the party primary May 2, unveiled a public safety plan with more than 30 priorities Wednesday afternoon.

Bill that would change wetlands definition passes Indiana House committee

March 22, 2023 | Peter Blanchard

Democrats, environmental groups and business leaders are denouncing a bill that they say would further erode protections for Indiana’s already shrinking wetlands.

Statehouse

UPDATE: TikTok CEO grilled by skeptical lawmakers on safety, content

March 23, 2023 | Associated Press

A nearly six-hour grilling of TikTok’s CEO by lawmakers brought the platform’s 150 million U.S. users no closer to an answer as to whether the app will be wiped from their devices.

Former coal executive’s Evansville mansion has a diamond-like sheen

March 23, 2023 | Deb Brandt

Steve Chancellor, a well-known Republican donor and coal company executive, has welcomed many of the GOP’s elite to the 33,547-square-foot mansion since it was built in 1997. Now he’s put his palatial home on the market for $8.5 million.

State’s poorest renters hurt most by affordable housing shortage, report says

March 24, 2023 | Whitney Downard, Indiana Capital Chronicle

Sixty-one percent of Hoosiers in extremely low-income households can’t find an affordable rental, instead spending more than half of their income on housing with little left for food or other necessities, according to a newly released analysis. 

Virtual school funding increase benefits House speaker’s client

March 24, 2023

Indiana House Speaker Todd Huston maintained Thursday that virtual charter schools deserve equal funding and denied that a virtual education company he consults for would unfairly benefit from a tax increase proposed in the state budget.

Indiana House Speaker Todd Huston presides over the chamber. (Monroe Bush for Indiana Capital Chronicle)

Trump, Pence slated to address NRA convention in Indy

March 24, 2023 | IBJ Staff

Their appearances approach as former President Donald Trump marches ahead with his announced bid for the 2024 Republican presidential nomination and his former running mate Mike Pence visits key primary states in preparation for his own potential run.

Trump-Pence

Secretary of state seeks salary bumps, funding for election security

March 24, 2023 | Peter Blanchard

Secretary of State Diego Morales is asking for salary increases for his employees and about $6 million in funding for an election cybersecurity program in the next two-year budget cycle.

State tourism agency adds workforce needs to its goals for promoting Indiana

March 24, 2023 | Peter Blanchard

The agency tasked with this growing responsibility is the Indiana Destination Development Corp., a quasi-government entity formed in 2019—in the mold of the Indiana Economic Development Corp.—to replace the Office of Tourism Development.

Gap grows between TikTok users, lawmakers on potential ban

March 26, 2023 | Associated Press

On the one side are dozens of lawmakers on Capitol Hill issuing dire warnings about security and possible Chinese surveillance. On the other are some 150 million TikTok users who just want to be able to keep making and watching short, fun videos.

Huge school voucher expansion faces questions in Senate

March 27, 2023 | Associated Press

The expansion backed by Indiana House Republicans could cost more than $500 million over the next two years—nearly one-third of the total proposed school funding increase—by raising the income limit to qualify for state money toward private school tuition.

Troubled Silicon Valley Bank to be acquired by First Citizens

March 27, 2023 | Associated Press

While more than half of Silicon Valley’s assets will remain in U.S. receivership, the First Citizens deal announced late Sunday, at least initially, seemed to achieve what regulators have sought: a shoring up of trust in U.S. regional banks.

Indiana bill banning gender-transition care for minors sent to governor

March 27, 2023 | Associated Press

The bill would prohibit transgender youth under 18 from accessing hormone therapies, puberty blockers and surgeries in the state.

Statehouse

Mitch Daniels takes position with Carmel-based Liberty Fund

March 28, 2023 | IBJ Staff

The Liberty Fund said the former governor’s work will focus on the creation of educational programming and partnerships that will strengthen the not-for-profit’s existing education programs.

Amendment to road funding bill would allow state takeover of Indianapolis

March 28, 2023 | Peter Blanchard

City officials, local government advocates and several Democrats serving on the House Roads and Transportation committee voiced deep concerns Tuesday over the language in the amendment.

Hogsett, Shackleford divided on possible tax increase in Democratic town hall

March 29, 2023 | Taylor Wooten

At Tuesday evening’s Democratic mayoral candidate town hall, State Rep. Robin Shackleford indicated she might consider raising taxes to fix roads in Indianapolis, while incumbent Joe Hogsett remained adamant that he would not raise taxes.

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