Drugmakers warn new law will deter discoveries
David Ricks, CEO of Indianapolis-based drugmaker Eli Lilly and Co., is turning up the volume on his concerns over a new law that would allow Medicare, for the first time, to negotiate drug prices.
Government & Economic Development
Articles
Threatened by shortages, electric car makers race for supplies of lithium for batteries
A shortfall in lithium would be an obstacle for government and industry plans to ramp up sales to tens of millions of electric vehicles a year. It is fueling political conflict over resources and complaints about the environmental cost of extracting them.
State tool connects Hoosier entrepreneurs with resources
ConnectIND has a portal with information on everything from funding sources to coworking spaces to business incubators. It also has a network of 10 navigators being hired around the state to offer free guidance and support for the portal’s users.
City officials not yet embracing new downtown-tax-district option from state
The Republican-dominated Legislature has given the city a way to raise money for downtown’s post-pandemic revitalization, but there appears to be little chance that Democratic city leaders will pursue it before the November city election.
More than 1M people dropped from Medicaid as states start purge of rolls
Some states are moving swiftly to make Medicaid eligibility determinations following the end of the coronavirus pandemic.
Cash infusion could help Warsaw retain ortho hub
State lawmakers have earmarked $30 million in the 2023-2025 budget for an orthopedics-retention initiative.
Zionsville to turn former golf course into nature preserve
Carpenter Nature Preserve, along Eagle Creek on the southwest side of the intersection of North Michigan Road and State Road 32, will be developed in multiple phases.
Live Nation says customers will no longer see surprise ticket fees
The changes announced Thursday do not mean that company will eliminate the surcharges, but simply that the fees will be made clear to the consumer.
Haughville pursuing vision to make Belmont Beach permanent park
Community leaders and volunteers are working to turn a site that was once a swimming hole on the White River for Black Indianapolis residents into a year-round destination.
State slots $89M for 5,000-seat arena at IU Indy
Amid the ongoing restructuring of IUPUI—both its leadership and its future as a campus solely within the Indiana University system—state and local officials are in the early stages of a project that could have big implications for downtown: an on-campus arena.
Hamilton County hopes fairgrounds expansion leads to more programming
A $65 million, three-phase expansion project begins this summer that will modernize the 40-acre site in Noblesville and enable it to host a wider variety of programming throughout the year.
Advisory opinion calls on officials, attorneys to avoid conflicts of interest
The Indiana Supreme Court Disciplinary Commission said public officials and government lawyers should avoid potential conflicts when moving between public and private service, or from one government agency to another.
2023 Innovation Issue: Indiana is primed to reshape the agbioscience industry
The state’s strength in agriculture, plus partners like Purdue University and AgriNovus Indiana, combine to make Indiana a competitive place for generating and attracting ag-related technology and innovation.
IEDC using helicopters to show off ‘mega-sites’ for Indy 500 weekend
The Indiana Economic Development Corp. is rolling out the red carpet for businesses eying sites in central Indiana as part of a strategy centered on the pageantry of the Indianapolis 500.
What happened to Infosys’ big plans for Indianapolis?
The India-based tech giant broke ground 4-1/2 years ago on what it said would eventually be a $245 million, 141-acre campus. Today, Infosys appears far from achieving that vision—and it’s unclear when, or if, it ever will.
Can new Indiana law lower drug costs? Answer is as clear as mud
Senate Enrolled Act 8 is part of a sweeping effort this year by the Indiana General Assembly to bring down the cost of health care across the state, where prices are among the highest in the country.
Utilities notch legislative victories in Indiana
New laws are set to let the state’s existing utilities get first dibs on a billion-dollar slate of new transmission projects, put natural gas plant costs into rates before construction ends, and more easily recoup other costs.
EPA proposes first limits on greenhouse gas emissions from power plants
The Biden administration proposed new limits Thursday on greenhouse gas emissions from coal- and gas-fired power plants, its most ambitious effort yet to roll back emissions blamed for climate change.
4 years into incentives plan for developers, community-building programs emerging
Indianapolis developers receiving tax abatements have committed to providing nearly $5 million to help struggling middle- and low-income families gain access to economic opportunities and become more upwardly mobile.
Business scores some sizable legislative wins
Lawmakers passed bills to offer tax relief for small businesses, child care tax credits for employers, and hundreds of millions of dollars in financial incentives for economic development projects.