State lawmakers have given their final approval to legislation that creates funding plans for most of a $360 million renovation of Bankers Life Fieldhouse and the construction of a $150 million soccer stadium for the Indy Eleven.
State lawmakers are done making changes to legislation that would provide millions in additional revenue to the Capital Improvement Board, help keep the Indiana Pacers in Indianapolis for the next 25 years and potentially support a permanent soccer stadium for the Indy Eleven.
The updated legislation also would decrease the fee that the owner of the two casinos in Gary would have to pay in order to move a casino from Lake Michigan to a more convenient interstate location.
Lawmakers could wrap up the session as early as Wednesday but negotiations on the new two-year state budget and other issues could delay completion of its business until as late as April 29.
The Senate version of the two-year, $34.6 billion budget allocates $22 million per year for the state’s 21st Century Research and Technology Fund. That’s $8 million less per year than in the current budget.
The leader of the Indiana House said he plans to skip votes on a major gambling-related bill after a casino investor arranged a local government contract for his law firm.
Legislation that will help fund a renovation of Bankers Life Fieldhouse will do much more: It will bail out the Capital Improvement Board, which is headed for insolvency without the additional revenue.
Some Indiana teachers don't believe the latest Republican-backed state budget plan does enough to support public schools—and legislative leaders are warning that they might even be faced with tightening up that spending proposal.
The Indiana Senate gave final approval Tuesday to a bill allowing felony charges in cases of deception involving human sperm, eggs or embryos.
The Indiana Senate approved its two-year state budget proposal Tuesday morning, setting up final budget negotiations between both chambers as lawmakers close out the last two weeks of this year’s General Assembly.
Here’s a breakdown of the 158-page agreement that the CIB was considering Friday morning.
The vote came after the committee adopted a tax on the price of the vaping liquid, rather than a 4 cents per-milliliter tax that was backed by the House in February.
The House voted 53-38 Thursday to strip language that would have prohibited the state from approving new power plants for two years, a move widely seen as delaying construction of renewable energy projects.
The agreement between city officials and the NBA team provides nearly $800 million in tax revenue to the Pacers over the life of the 25-year deal.
A new state budget plan would send some more money to Indiana schools but at a level short of what advocacy groups say is needed for meaningful teacher pay raises.
Even after lawmakers worked hours overnight to craft an amendment to a controversial bill regulating payday and subprime loans, opponents remained frustrated.
A top Indiana budget writer doesn't expect much of a state tax revenue boost if legislators approve proposals to legalize sports betting and allow new casinos in Gary and Terre Haute.