Proposed workforce tax credit could apply to training for 800 Hoosiers
Indiana employers who pay for additional staff training that leads to increased wages could be partially reimbursed for the investment.
State Budget
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IPS board passes $472M operating budget amid uncertainty over state funding
The district’s finances face heightened uncertainty as Indiana lawmakers advance bills that cap property tax revenue and require IPS to share local property tax revenue with charter schools.
Virtual school funding in Indiana expected to spike
The two-year budget approved by Indiana House lawmakers and now moving through the Senate would increase per-student base funding for some virtual public schools by as much as 50%
State revenue collections continue to exceed projections
The Indiana State Budget Agency noted that higher-than-expected collections from income tax revenue outweighed lower-than-expected collections from sales tax and interest revenue.
Indiana House takes its turn on property tax discussions
School officials and advocates, in particular, denounced the dual legislation considered Wednesday because of the possible the double-whammy hit to budgets.
Governor’s office clarifies intentions for Indiana Historical Society building
Despite language in the state budget that appears to terminate the state’s contract with the nonprofit, Gov. Mike Braun’s office now maintains the intention is not to force IHS to give up its building.
Where do federal funding cuts leave Indiana?
The state of Indiana receives more than $20 billion from the federal government annually, or 44% of its budget, and is the third-most reliant state on federal dollars.
Tampons, adult diapers exempt from sales tax in Indiana budget proposal
Lawmakers on both sides of the aisle have advocated for this exemption for years.
State’s proposed budget could cost Indiana Historical Society its building
The historical society owns the downtown Indianapolis building where its headquarters, museum and archives are housed. However, the state owns the land.
Three money-making bills that died in a tight budget year
But House Speaker Todd Huston, R-Fishers, has said repeatedly that Indiana lawmakers don’t make policy simply to raise money.
Indiana House approves ‘vanilla’ state budget proposal, sends to Senate
Lawmakers have less to spend due to slowing growth in state tax revenue and ballooning Medicaid costs—both residual effects of the pandemic.
State posts second straight month of better-than-expected revenue
Income taxes drove the overall increase, with collections up 4.7% more than the agency anticipated.
Five takeaways from the just-released House Republican budget plan
The two-year spending plan funds many of Gov. Mike Braun’s agenda items—including additional funding for private school vouchers—but doesn’t include several state tax cuts the new governor proposed.
UPDATE: Braun outlines cost-cutting goals for state agencies, plans to up spending in key areas
Indiana Gov. Mike Braun is scheduled to present his proposal to the State Budget Committee on Thursday afternoon.
State leaders pressure IU to ensure Kinsey Institute’s compliance with 2023 funding ban
Republican state leaders, including Lt. Gov. Micah Beckwith, joined Purple for Parents of Indiana on Wednesday to call for continued scrutiny to ensure compliance with a 2023 state law barring state dollars from being used by the sex research organization.
Fiscal issues expected to dominate 2025 Indiana legislative session
Lawmakers will convene Wednesday to begin drafting the state’s next two-year budget, determining how to spend approximately $44 billion dollars to fund government services.
Indiana lawmakers seek road-funding changes, hope to avoid fiscal cliff
While education dominates half of Indiana’s budget and Medicaid costs worry lawmakers, a projected transportation infrastructure funding shortfall creeps closer.
A Medicaid study committee made no recommendations this year—despite a funding shortfall
A year the Holcomb administration revealed a shortfall in the state’s Medicaid program of nearly $1 billion, lawmakers will start working in January to piece together legislation that at least in part deals with the second-largest and fastest-growing item in the state budget.
Securing funds for venture capital a top priority for Indiana tech lobby
An expected tight budget cycle could limit how much lawmakers are willing to designate for existing technical investments—never mind additional requests.
Statehouse leaders plan to prioritize balanced budget over policy overhauls
During the Indiana Chamber Legislative Preview event, Statehouse leaders said the biggest issue on the table—and a major campaign talking point—is property taxes.