Braun, Legislature plan to raise cigarette, tobacco taxes to fill budget gap
To further close the gap, leaders also said they would reduce planned spending for public health, higher education and government agencies.
To further close the gap, leaders also said they would reduce planned spending for public health, higher education and government agencies.
Gov. Mike Braun told IBJ on Tuesday that his office was finalizing the details of an independent audit of the state’s economic development agency: “Hoosier taxpayers deserve clear accountability for how their dollars are spent.”
Indiana lawmakers have discovered this legislative session that performing major financial surgery on multibillion-dollar nonprofit hospital systems is a motley and entangled task.
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.
Federal funding was spent in Indiana on everything from entitlement programs to defense, agriculture and education, according to an Indiana Fiscal Policy Institute analysis.
The major hurdle will be the budget, which is typically the last bill lawmakers approve before heading home.
In order for the decreases to kick in, the legislation stipulates that the state’s revenue must hit certain growth benchmarks.
An updated revenue forecast presented to the Budget Committee projected the state’s revenue will flatline from 2025 to 2027.
Brokers representing building owners have generally refrained from discussing the issue publicly, either because of the fluidity of the situation or because their companies carry government leasing contracts.
About 15 hours after the Indiana Senate approved a high-profile property tax bill, Gov. Mike Braun signed the legislation, codifying his campaign promise of providing widespread relief to Hoosier homeowners.
The high-profile property tax legislation has been criticized both for not providing enough homeowner relief and for reducing revenue for local governments.
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.
Senate fiscal leaders presented a conservative state budget plan Thursday morning that drops universal school choice and extraneous spending.
The governor and legislative leaders have for weeks gone back and forth on the key components of Senate Bill 1.
The Commission on Indiana’s Legal Future made dozens of suggestions for addressing rural Indiana’s attorney shortage, including grants, loan repayment and allowing paralegals to take on certain tasks.
Gov. Mike Braun, Secretary of Education Katie Jenner and Higher Education Commissioner Chris Lowery are key supporters of the legislation.
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.
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.
At least 14 states already cover the cost of GLP-1 medications for obesity treatment for patients on Medicaid. Indiana is not one of them.
The framework now moves to the House, which must pass it before lawmakers can start working on the bill itself.