IEDC launches new branding effort: ‘For the Bold’
The Indiana Economic Development Corp. signed a $3.5 million contract with Southfield, Michigan-based advertising firm Doner Co. to develop the branding initiative.
Government & Economic Development
Articles
As Zionsville’s next mayor, John Stehr aims to ‘lower the temperature’
Running unopposed in the Nov. 7 election, the former TV anchor is eager to move past Town Hall conflicts.
State Comptroller Tera Klutz to step down with three years left in her term
Klutz was appointed as the 57th auditor of the state by Indiana Gov. Eric Holcomb in 2017, becoming the first certified public accountant to serve as the state’s chief financial officer.
Hogsett, civic leaders don’t expect downtown taxing district approval before election
A new state law allows the council to create an economic enhancement district board that could impose a fee on property owners in the Mile Square.
Income tax revenue replacement ‘remains to be seen,’ state budget director says
The comments from Indiana State Budget Director Zac Jackson came during a virtual panel discussion on the impacts an economic recession would have on state budgets.
Biden administration aims to scrub medical debt from credit scores, boosting ratings for millions
In addition to pulling medical bills from credit reports, the proposal would prevent creditors from using medical bills when deciding on loans and stop debt collectors from using credit ratings to pressure people with health care-related debt.
‘Success coaches’ to hit Indiana colleges after budget approval
The Indiana State Budget Committee on Friday approved $2.5 million to embed 31 success coaches in higher education institutions across the state.
Pilot program aims to give relief to Riverside property taxpayers
The Indianapolis City-County Council approved a proposal on Monday creating the Riverside district and a tax credit for longtime homeowners in the neighborhood who are over the age of 55.
City drops plan to redevelop City-County Building
The city will work through 2024 to consolidate into its most prominent piece of real estate offices that are now scattered around downtown, including those of the Department of Public Works and the Department of Business and Neighborhood Services.
Push for high-tech plants drives up cost of incentives
National efforts to boost computer chip and electric vehicle production are fueling a bidding war among states, including Indiana, that is driving up the cost and number of so-called “megadeal” incentive packages exceeding $50 million.
Alliance aims for equitable placement of EV chargers
A group of Black civil rights organizations is amping up its call for racial equity to be taken into account as state and city leaders decide where to place chargers needed to support the growing number of electric vehicles.
Star of ‘Good Bones’ show says city officials hampered her work
The HGTV home-improvement show is airing its last season, and Mina Starsiak Hawk says she’s not sure of her next steps. But one thing seems likely: She won’t be redeveloping or building houses regularly in Indianapolis anymore.
Holcomb to lead economic development trip to Japan
The trip will mark Gov. Eric Holcomb’s third visit to Japan and 16th international trip as Indiana governor.
As sports betting spikes, help for problem gamblers expands in some states
Since the U.S. Supreme Court cleared the way for legalized sports betting five years ago, nearly three-fourths of the states have moved swiftly to allow it.
State to examine options for road funding
When an Indiana task force meets this month to discuss future funding for state and local roads, Mayor Joe Hogsett’s administration will face an uphill battle with its proposal to change the funding formula that strongly favors rural areas.
Marijuana recommendation by U.S. health agency hailed as first step to easing weed restrictions
The U.S. Department of Health and Human Services recommended that marijuana be moved from a Schedule I to a Schedule III controlled substance.
Worker shortage leads firms to hire more ex-offenders
More than ever, Indianapolis-area companies are becoming so-called “second-chance employers” willing to hire people with arrest records and providing additional services to ex-offenders needing first jobs.
Hoosier companies contributing to NASA’s mission to Mars
The space agency’s Artemis program aims to build sustainable moon infrastructure that can serve as a launching pad for human missions to Mars. Indiana companies from all over the state are helping to make the huge endeavor a reality.
Experts carefully optimistic about state’s fiscal footing as lawmakers look to cut taxes
The Interim State and Local Tax Review Task Force, which began meeting Wednesday, will examine Indiana’s corporate tax, individual income tax, property tax, sales tax, and others.
Feds want more teeth to fight fake online reviews
The Federal Trade Commission has proposed a rule that would give it authority to fine businesses that write, buy or sell fake reviews, provide compensation for positive or negative reviews, or sell fake social media followers.