Individual school districts could see major shifts in funding but overall education funding would remain at current levels under a state budget plan presented Thursday by Republicans who control the Indiana House.
A proposed cut of more than 20 percent in the state's corporate income tax rate would improve Indiana's business climate without hurting the state budget, the leader of the Indiana Senate's tax committee said Wednesday.
Legislators aren't holding up a plan to fix Indiana's debt-ridden unemployment insurance fund as they wait to see whether the federal government will put off charging the states interest on what they owe.
The House Ways and Means Committee began taking public testimony Monday about the two-year state budget plan after four weeks of hearings with state agencies and universities.
The growing popularity of the 21st Century Scholars program and the state’s recession-driven budget bind has state officials looking to tighten up both the academic and financial requirements.
So far this fiscal year, collections are ahead of the state's forecast by $78 million, or 1.1 percent.
Commission for Higher Education officials say Indiana’s universities should get no money for capital projects during the next two-year state budget.
The Indiana House approved a bill Monday to help fix the state's bankrupt unemployment insurance fund by reducing jobless benefits for some people and softening tax increases on businesses.
Charging not-for-profits for government services, eliminating certain paper records and trimming how much counties pay to mental-health institutions are among the ways local officials say the cost of government could be reduced.
Businesses with a history of laying off employees would pay more in unemployment insurance costs, and workers in industries where layoffs occur regularly would receive lower benefits under a bill Indiana lawmakers are preparing to take up.
Three weeks into Indiana's legislative session, Republican House Speaker Brian Bosma is touting the hard work being done on major issues. Democratic House Minority Leader Patrick Bauer contends the session is off to a slow start.
State budget director Adam Horst said he misspoke when he told the State Budget Committee last week that Daniels&’ proposal would eliminate Medicaid coverage for hearing aids.
Indiana Gov. Mitch Daniels is proposing a new state budget that would cut higher education spending by 3 percent and eliminate optional Medicaid services for adults such as hearing aids, dental and chiropractic coverage and podiatry services.
Neighboring states are plotting to take advantage of what they consider a major economic blunder and lure business away from Illinois.
Indiana's budget director is meeting with lawmakers Thursday during the first House Ways and Means Committee meeting of this year's legislative session.
Indiana lawmakers are returning to the Statehouse Wednesday to begin the 2011 legislative session, which will be dominated by budget, education, redistricting and other issues.
The state reports it took in $137 million more last month than during December 2009, marking a 13 percent increase in revenue collections over last year.
The first ever "Fiscy Awards" will be presented this week to Indiana Gov. Mitch Daniels, Democratic Sen. Kent Conrad of North Dakota and Republican Rep. Paul Ryan of Wisconsin.
When lawmakers open their new session Wednesday, they won't have some of the advantages they had during the last budget-writing debate in 2009. This time around, there will be no $1 billion in federal stimulus money to keep the budget afloat.
The Office of Medicaid Policy and Planning has approved a series of emergency rules that it expects to save a total of $4.1 million over the next six months, but that will make up for only a small portion of the $31.4 million shortfall the agency anticipates for the fiscal year.
