Holcomb preparing to put $250M into startups
The state’s new Next Level Fund will invest up to $250 million over the next decade into a need Hoosier startups are starving for—venture capital.
The state’s new Next Level Fund will invest up to $250 million over the next decade into a need Hoosier startups are starving for—venture capital.
Many of the salaries of those running state agencies under Gov. Eric Holcomb have remained at or near those of the previous administration, but a handful have seen notable pay boosts.
Indiana Gov. Eric Holcomb is not ruling out a tax increase should congressional Republican efforts to repeal President Barack Obama's health care law result in cuts to Medicaid, which funds the state's HIP 2.0 program.
Gov. Eric Holcomb included $554.3 million in state funding for the Martinsville-to-Indianapolis stretch of I-69, known as Section 6, in his recently released $5.1 billion Next Level Roads Plan.
Indiana Gov. Eric Holcomb says the law is “crumbling under its own weight” and that people in as many as 60 Indiana counties will be left with just one choice for insurance coverage on the marketplace next year.
Taiwanese electronics maker Foxconn’s plan to build a display panel factory in the United States has sparked a flurry of lobbying by states vying to land what some economic development officials say is a once-in-a-generation prize.
Spots for children of low-income families are available in Allen, Jackson, Lake, Marion and Vanderburgh counties for the On My Way Pre-K program.
Already, ports in Jeffersonville and Mount Vernon move goods to and from Indiana along the Ohio, downstream to the Mississippi River and out to the Gulf of Mexico.
Indiana already has a burgeoning aerospace industry with players such as Rolls-Royce, GE Aviation, and Raytheon Co., but economic development officials say further growth is possible.
Indiana hospitals are bracing for congressional action that could mean deep cuts in Medicaid, which funds the state’s popular health insurance program for low-income adults.
Planned Parenthood of Indiana and Kentucky has filed a lawsuit challenging portions of Senate Enrolled Act 404, which in part requires unemancipated minors to obtain consent from a parent or legal guardian before having an abortion.
Thus far, the Indiana governor has refused to detail any action he may take, saying he was “still reviewing” them and “looking at every angle.”
In his only veto so far this Legislative session, Indiana Gov. Eric Holcomb shot down a bill that would have allowed public agencies to charge a fee if a public records request took longer than two hours to complete.
The previous system had been thrown out by a federal appeals court in 2015 as unconstitutional, and Indiana Senate President Pro Tempore David Long said it was the Legislature’s responsibility to replace it.
The bill sets such a high bar that Jay Ricker, who started selling carryout cold beer at two of his Ricker’s convenience stores, says he will have to stop sales by April 2018.
The bill is now in Gov. Eric Holcomb’s hands and awaits his signature or veto.
The bill adds in requirements that the governor appoint someone who has lived in the state for two years and meets educational qualifications.
Critics say the legislation will discourage the use of residential solar and hamper the solar industry in Indiana. But supporters say it will help protect consumers who don’t have solar.
Holcomb said it’s up to the General Assembly to decide whether the law should be tweaked but he provided legislators no direction.
The state will instead pursue individual leases of state cell towers.