An updated fiscal analysis for the legislation shows that over the next decade, the bill, if enacted, could reduce investment returns on defined-benefit funds by $6.4 billion and defined-contribution funds by $300 million.
An Indiana House committee on Thursday approved a bill requiring the state’s public pension system to divest from and terminate business relationships with firms or funds that use non-financial environmental, social and governmental framework factors in investment decisions.
A measure allowing utility companies to ask courts to appoint receivers over certain landlords behind on their utility bills passed unanimously out of an Indiana Senate committee Thursday.
Bill author Rep. Kendall Culp, R-Rensselaer, said the detailed data would serve as a foundation for future efforts to preserve farmland, even floating an incentive program for those wishing to sell.
Lawmakers hope to head off EPA action, but Senate Bill 155 could get pushback from colleagues who want more oversight over agencies, not less, and those who want to lower, not raise, taxes and fees.
Indiana senators on Wednesday said the state’s pension system should prioritize return on investment in one bill—not environmental and social concerns—even as they advanced another bill requiring the system to divest from China-related investments.
U.S. Sen. Mike Braun’s campaign logged more than $2.9 million in contributions—some of it transferred from his own federal accounts—during the period running from July through the end of 2022, according to filings.
Prosecutors say Sen. Eric Koch’s Senate Joint Resolution 1 would keep dangerous people off the streets before trial, while defenders and civil rights advocates say its subjectivity could endanger the rights of those presumed innocent until convicted.
Prominent national conservative organization Club for Growth hopes to keep two-term Indiana governor and former Purdue University President Mitch Daniels out of a new race for U.S. Senate with a blistering new ad.
Indiana lawmakers are drawing up changes to the state’s property-tax system, with rising assessments last spring pointing toward potentially high bills this year. But their approach has been cautious.
The Indiana Broadband Office is asking everyday Hoosiers to submit challenges to the map to get the state the full amount of federal broadband money and access it needs.
To reduce crashes and fatalities, the group says Indiana should adopt a list of new laws, ranging from a motorcycle helmet mandate to a requirement that learners complete more drive time before qualifying for a license.
State employees can go back to school and pay no upfront costs in a new deal with Ivy Tech Community College, announced Thursday.
Indiana Election Division results show Hoosier voters turned out at the lowest rates in Decatur, Tippecanoe and Marion counties.
An Indianapolis-based ratepayer protection group has asked federal regulators to audit spending by a Carmel-based energy transmission system operator for an annual meeting at luxury resort 600 miles beyond its service territory.
Months after Indiana’s attorney general said he’d send about 660 local governments their shares of the state’s $507 million opioid crisis settlement with drug manufacturers and distributors, none have received the money.
Indiana’s pension system lost $200 million in two months after Russia invaded Ukraine in early 2022, but that’s loose change for a system with $45.8 billion in assets invested all over the world.
Only Connecticut, Rhode Island and Vermont had higher scores, according to the report from startup Turquoise Health.
A bipartisan group of lawmakers and justice system leaders that assembled on Thursday to consider how best to address county prosecutors with “blanket” non-prosecution policies agreed that handing authority to Indiana’s Attorney General isn’t the best solution.
IndyGo and transit advocates argue three consecutive years of legislative efforts by state Republicans to kill the project led to costly delays, while opponents say the undertaking was never financially feasible.
