The owner of Rock Lobster and other bars is the second owner charged as a result of an investigation that began with 10 Broad Ripple establishments.
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John Yaggi also faces a misdemeanor charge related to allegations that he offered an employee higher-paying shifts in exchange for sexual favors.
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Lawmakers on both sides of the aisle have advocated for this exemption for years.
The cities are set to ask state lawmakers to change the rules that govern how and when cities can benefit from taxes generated by sports-related projects.
Analyst Neva Butkus with the Institute on Taxation and Economic Policy called the state’s tax system “deeply regressive,” meaning that lower-income residents contribute larger shares of their income toward government services.
A bill that would allow Indiana tech parks to capture a larger share of tax revenue is poised to become law after the Senate voted unanimously Monday to advance the legislation to the governor’s office.
A bill that would divert some $6 million in state and local tax revenue annually to state-certified technology parks has passed the Senate and is headed to the House, where similar legislation died two years ago.
Senate Bill 325, authored by Republican Sen. Travis Holdman, chairman of the powerful Senate Tax and Fiscal Policy Committee, would make any retail item purchased July 15-31 exempt from Indiana’s 7% sales tax.
Pandemic-related drops in sales and individual income taxes—the state’s top two revenue sources—continue to have the most significant impact on the state budget.
Lindsey Erdody and 
Samm Quinn State and local government budgets are expected to be hit hard as a result of restaurants, retailers and other businesses being closed for weeks.
Lindsey Erdody and Samm Quinn A former Senate budget writer said the hit to the state budget could be bigger than during the Great Recession, when state revenue dropped 15% over two years.
