The Senate-approved tax bill would limit total growth in property tax revenue, which could reduce individual bills. But the Republican governor said the legislation lacks “meaningful tax cuts.”
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.
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.
Senate Bill 1, which previously carried Gov. Mike Braun’s ambitious property tax relief plan, was pared down significantly in committee following outcry from local government leaders.
Prominent allies believe Buttigieg cannot feasibly do both, even as others raise the comparison to Barack Obama, who was elected president just four years after becoming a U.S. senator.
The bill would create a commission of five Indiana and five Illinois designees who would be authorized to talk about Illinois ceding counties to Indiana.
Lawmakers spent hours in session this week passing several dozen lingering bills, including the budget and property tax reform, before the first-half deadline Thursday.
Potential rollbacks of Biden-era policies that incentivized electric vehicle production and ownership have stirred apprehension among some local economic development officials across the state.
Roughly 16 million people—that’s 6 percent of American adults—are taking GLP-1 weight-loss drugs, and that number is growing rapidly. Their collective purchasing power has the potential to profoundly reshape the economy.
Elon Musk’s unusual demand has faced resistance from several key U.S. agencies led by the president’s loyalists, including the FBI, State Department, Homeland Security and the Pentagon
The LEAP Research and Innovation District, led by the Indiana Economic Development Corp., is among the costliest economic development projects Indiana has attempted. But the agency’s structure obscures its spending and who benefits.
Bill author Sen. Greg Walker, R-Columbus, said the tax credit is one of many measures lawmakers should consider to make it easier for Hoosiers to afford to have children.
