Indiana companies await results from DBE certification changes
As part of a federal rule change, all DBE-certified firms must argue that they are disadvantaged for reasons that aren’t sex- or race-based.
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
Natural Resources Commission chair upset with rules process that keeps members ‘in the dark’
Bryan Poynter said the oversight group has been “neutered” by a new system used by the Indiana Department of Natural Resources to bypass the commission’s input.
IEDC board gives staff more authority, rethinks embattled foundation’s dissolution
Gov Mike Braun is reexamining his previous desire to “wind down” the Indiana Economic Development Foundation, saying Wednesday he sees a future for the nonprofit booster group.
NIL enforcement czar: Third-party deals that blow past college $20.5M cap not what they expected
The system created to regulate name, image and likeness deals across college sports isn’t working as smoothly as its designers had hoped.
FCC clears way for WISH-TV owner to acquire ABC affiliate WRTV
The federal regulatory agency said that Circle City Broadcasting’s ownership of three stations would not harm competition and could, in fact, bolster it.
Township merger bill clears Legislature after years of failed attempts
Provisions of Senate Bill 270, which the House approved on Tuesday, would require townships with poor performance scores to merge with other townships or some cities.
New casino location remains in flux as gambling legislation starts moving in Senate
The bill now moves to the Senate Appropriations Committee, which could consider changes that include narrowing where a casino could be located.
Election board probe finds secretary of state likely violated campaign laws in ad
The Marion County Election Board voted to give Diego Morales about a month to respond to the findings of the investigation.
Indiana to pursue permitting primacy over carbon dioxide storage wells
The EPA makes those decisions in Indiana and elsewhere, but an increasing number of states are seeking primary enforcement authority.
Indiana House Republicans count affordability in utilities, housing among legislative priorities
House Republicans are emphasizing affordability through deregulation in their legislative priorities. The measures center on local zoning laws for housing, new methods of utility ratemaking and cutting down on code in education.
Proposal to eliminate sales tax on Indiana utility bills sees some bipartisan support
A Democratic representative and a Republican senator have each filed bills to do away with the state sales tax on utility bills. The measure could save the average ratepayer more than $150 a year, but would see the state miss out on hundreds of millions in tax revenue.
US-based multinational companies to be exempt from global tax deal
The amended version excludes large U.S.-based multinational corporations from the 15% global minimum tax after negotiations between President Donald Trump’s administration and other members of the Group of Seven wealthy nations.
Court of Appeals rules lower court must dismiss lawsuit against gun industry
A 2024 state law that stripped all Indiana municipalities of their authority to sue the gun industry is constitutional, the Indiana Court of Appeals ruled Monday.
Indiana business groups create nonprofit to push for civil, tort law reforms
Groups including the Corydon Group, the Indiana Motor Truck Association, the Indiana Chamber of Commerce and the Indiana Manufacturers Association are banding together to advocate for pro-business reforms.
Braun names 3 new members for Indiana utility oversight board
Gov. Mike Braun has said he wants his new picks for the Indiana Utility Regulatory Commission to work to lower energy costs for Hoosier businesses and families.
Indiana agency says reduced SNAP benefits won’t arrive for at least a week
The Indiana Family and Social Services Administration said Wednesday that it was recalculating benefit allotments to 274,000 SNAP households in the state.
Indiana seeing limited impact from government shutdown, at least so far
Housing assistance programs are feeling the impact from furloughed public employees, and essential food programs might soon be facing funding problems if the shutdown continues.
Microsoft: Russia, China increasingly using AI to escalate cyberattacks on US
The findings, published in Microsoft’s annual digital threats report, show how foreign adversaries are adopting new and innovative tactics in their efforts to weaponize the internet as a tool for espionage and deception.
Social Security cost-of-living increase announcement delayed by shutdown
The annual Social Security cost-of-living adjustment is timed to the September Consumer Price Index, which has not yet been released.
Two industries were supposed to drive America’s future. One is booming, the other slumping.
Both fields have been in the spotlight in Washington through successive administrations, but appear to be heading in different directions.