Pence signs $100 million Speedway funding bill
Indiana Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for planned improvements.
Indiana Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for planned improvements.
Indiana Gov. Mike Pence signed three bills into law Tuesday, one involving government transparency in economic development deals, one related to school safety and another overhauling criminal sentencing.
State Senator from Speedway plays outsized role in shaping policy for Indianapolis.
A plan overhauling Indiana's specialty auto license plate system and requiring all groups with plates to sell 500 a year has been signed into law.
Left to their own devices, Indiana's Republican-led General Assembly pushed the state right ever so gently, adopting such marquee conservative priorities as tax cuts, a school voucher expansion and constrained spending in measured fashion.
Indiana Gasification LLC project manager Mark Lubbers said developers wouldn't have tried to build the plant at Rockport if the law passed early Saturday morning had been in place.
Rep. Bill Friend, R-Macy, said he withdrew the bill he sponsored at the request of Republican House Speaker Brian Bosma.
The Indiana General Assembly worked into the night Friday to hammer out final details on a two-year, $30 billion budget containing new tax cuts, a modest expansion of school vouchers, new oversight of the $2.8 billion Rockport coal gasification project and a series of other measures.
The Senate voted 34-15 on Friday in favor of the bill aimed at sending fewer nonviolent offenders to prison.
The plan authorizes the state to loan the Speedway $100 million—money it will borrow through bonds—to make the grandstands more accessible to people with disabilities and to install lights for night races.
Indiana taxpayers will see their personal income tax rate reduced by 5 percent over the next four years under a budget plan agreed to Thursday by lawmakers. The plan also repeals the inheritance tax retroactive to Jan. 1.
A proposal aimed at legalizing five fenced deer-hunting preserves around Indiana has failed in this year’s legislative session.
The leaders of the Indiana General Assembly said Tuesday they will continue meeting daily with Gov. Mike Pence to hammer out a broad range of issues before the 2013 session ends.
Legislators are hammering out a modest expansion of the state’s school voucher program following a meeting of House and Senate lawmakers.
Republican state senators have blocked a vote on a bill that would force Amazon.com and some other online-only retailers to start collecting Indiana's 7-percent sales tax this summer.
While arguing for a 10-percent cut in the state's income tax, Pence also said he would like to see a quicker phase-out of the state's inheritance tax.
Issues that remain undecided include the income tax cut sought by Gov. Mike Pence and a proposed expansion of the private school voucher program.
State lawmakers have given final approval to a two-year extension of regulations on temporary outdoor stage rigging developed after the deadly Indiana State Fair stage collapse.
Legislation overhauling Indiana's specialty auto license plate system has been approved by lawmakers and is on its way to Gov. Mike Pence.
Two Indiana lawmakers have spent the legislative session watering down opposition to a proposed $2.8 billion coal-gasification plant that would likely benefit their employers.