State hires firm specializing in ‘crisis and transformation’ to audit IEDC
Gov. Mike Braun announced the audit last month, citing potential “impropriety” at the IEDC. He also announced a freeze of all state funds associated with Elevate Ventures.
Government
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UPDATE: Lawmakers expect ‘tough’ budget cuts to offset $2.4B drop in projected revenue
An updated revenue forecast presented to the Budget Committee projected the state’s revenue will flatline from 2025 to 2027.
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Some local governments are slowing spending as lawmakers debate property 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.
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Legislative roundup: Final committee votes on property taxes, Medicaid bills
Next week, the chambers will be busy hearing bills for second and third readings ahead of their Thursday deadline.
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Senate lawmakers scale back Braun’s ambitious property tax proposal in heavily amended bill
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.
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Articles
State government says hack caused overnight email blitz
Indiana Office of Technology officials said the emails were scams and discouraged recipients from clicking on the links.
U.S. Sen. Todd Young partners on bipartisan bill to jumpstart domestic shipbuilding industry
Young, R-Indiana, and fellow Sen. Mark Kelly, D-Arizona, reintroduced legislation to jumpstart the country’s “rusted” shipbuilding industry and increase onshore ship production that has largely shifted to China.
Under new law, state needs to create high school workforce credential framework
The measure builds on recent education efforts to “reinvent high school,” meaning a curricular change to create additional high school credit pathways in addition to college prep.
Bill roundup: Lawmakers wrap up budget, tackle final, thorny bills
Around 1:20 a.m. Friday, Indiana lawmakers approved the last bill of the session: the 2026-27 state budget. Here’s what happened with some of the bills we’ve watched this session.
Braun: State investigating possible ‘impropriety’ at IEDC, freezing venture capital funds
The actions stem from growing concerns over how the state conducts economic development activities, how much it spends on those activities and how transparent it is about its business.
Lawmakers slash state economic development funding by 25% in budget compromise
The new budget proposal provides more funding for operations and business-promotion support for the Indiana Economic Development Corp., but cuts five funds and programs totaling $35 million.
Braun signs orders calling for state water management plan, Rare Earth Recovery Council
Gov. Mike Braun’s new executive orders require the state to develop a statewide water inventory and management plan, and establish a body that will spearhead efforts to reclaim rare earth elements from legacy coal byproducts.
As Congress eyes spending cuts, a report details Indiana’s $177B in federal support
Federal funding was spent in Indiana on everything from entitlement programs to defense, agriculture and education, according to an Indiana Fiscal Policy Institute analysis.
Bill roundup: Here’s what’s left as the Legislature enters its final week
The major hurdle will be the budget, which is typically the last bill lawmakers approve before heading home.
Braun OKs future state income tax cuts contingent on unlikely revenue growth
In order for the decreases to kick in, the legislation stipulates that the state’s revenue must hit certain growth benchmarks.
With after-midnight vote, Indiana Senate sends property tax bill to governor
The high-profile property tax legislation has been criticized both for not providing enough homeowner relief and for reducing revenue for local governments.
Bill roundup: What did—and didn’t—survive the final committee deadline
State lawmakers had their final (and for some, especially long) meetings this week as they returned to some of the last and thorniest bills left on their plates.
Indiana Senate leaders release their latest state budget proposal. Here’s what’s in and what’s out.
Senate fiscal leaders presented a conservative state budget plan Thursday morning that drops universal school choice and extraneous spending.
House increases homeowner relief in property tax compromise with Braun
The governor and legislative leaders have for weeks gone back and forth on the key components of Senate Bill 1.
High school credential bill moves forward with new higher ed oversight language
Gov. Mike Braun, Secretary of Education Katie Jenner and Higher Education Commissioner Chris Lowery are key supporters of the legislation.
Braun orders state-affiliated nonprofits to produce missed transparency reports
The Governor’s Office singled out the Indiana Economic Development Foundation, which supports IEDC travel and business-attraction efforts, for failing to produce years of transparency reports.
House committee advances reworked property tax plan, but hurdles remain
Indiana House Republicans’ property tax reform proposal passed out of committee Monday morning, but demands from Gov. Mike Braun and some Republicans for even more relief could complicate the bill’s future.
House property tax plan would mean lower bills for most homeowners, big changes in system over time
To achieve immediate tax relief, the plan would create a credit worth up to $200 on all homeowners’ property tax bills beginning in 2026.
Indiana bill roundup: Heavy-hitters on deck ahead of committee deadline
Several of the session’s most important pieces of legislation—including bills affecting the budget, property tax relief and health care transparency—will be heard, amended and passed out of committee next week.