GOP budget deadlock imperils hopes for tax overhaul
House Speaker Paul Ryan, R-Wis., vows that Republicans will complete tax reform this year despite myriad obstacles. But others are less optimistic.
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City to consider $15.2M in bonds for downtown projects
The bonds would help finance development of a hotel complex on the site of Indianapolis’ oldest African-American church, as well as a five-story apartment and retail project near the base of Massachusetts Avenue.
Suit alleging Kroger stores didn’t collect sales tax reverts to state court
A lawsuit alleging Kroger stores in Indiana have for years knowingly failed to collect and remit state sales tax on hundreds of non-exempt food items and other goods will be heard in state court after a judge denied the grocers’ bid to transfer the suit to federal court.
City set to rescind tax breaks for planned Interactive Intelligence expansion
The company that bought Interactive Intelligence last year for $1.4 billion has fallen short of the Interactive’s hiring and investment goals and is vacating a new, $12.4 million office building on the northwest side.
Indiana governor signs budget, bills affecting vaping, roads, schools chief, more
Gov. Eric Holcomb has signed into law Indiana’s two-year budget, an infrastructure funding plan, a vaping-overhaul measure, a school-chiefs bill and legislation affirming the religious liberties of students.
Trump unveils plan to cut corporate, personal taxes
President Donald Trump proposed dramatic cuts in corporate and personal taxes Wednesday in an overhaul his administration asserts will spur national economic growth and bring jobs and prosperity to America’s middle class.
UPDATE: Trump to propose massive tax cuts for businesses
President Donald Trump plans to propose tax cuts for businesses big and small as part of an overhaul that he says will provide the biggest tax cuts in U.S. history.
Lawmakers pass budget with investments in education, entrepreneurism
The final version of the bill eschews a proposed $1 per pack cigarette tax increase. But it includes many of Gov. Eric Holcomb’s priorities.
Roads deal would raise taxes, generate $617M in 2018
The deal—which has the support of both House and Senate leaders—means drivers will pay more at the pump and more when they register their vehicles.
Indiana House approves abortion parental notification bill
The House approved the parental notification measure in a 75-23 vote, despite confusion over its effect. Seven Democrats voted in favor, while one Republican voted against it.
Senate’s $32.1B budget eschews cigarette tax hike
An Indiana Senate panel on Thursday advanced a two-year state budget plan with significant differences in funding for roads, entrepreneurship and education from the House’s plan.
House Republicans, short of votes, withdraw health care bill
Republican leaders have abruptly pulled their troubled health care overhaul bill off the House floor, short of votes and eager to avoid a defeat for President Donald Trump and GOP leaders.
Mnuchin says administration tax plan coming soon
Treasury Secretary Steven Mnuchin said Friday that after the initial congressional battle over health care, the administration plans to turn quickly to tax reform with the goal of getting a program approved by Congress by August.
Trump administration approves Keystone XL pipeline
The Trump administration issued a permit Friday to build the Keystone XL pipeline, reversing the Obama administration and clearing the way for the controversial $8 billion project to finally be completed.
Road-funding plan faces pushback over tax hikes in Senate hearing
Most lawmakers agree that the state needs to spend more money on its aging infrastructure, but the specifics of the plan are up for debate.
Indiana House GOP open to smaller cigarette tax increase
The leader of the Indiana House says he is willing to back down at least partially on a proposed $1 cigarette tax increase.
Indiana Senate approves bill to reduce solar incentive
Much of a financial incentive for installing solar panels would be eliminated in the coming years under a bill passed Monday by the Indiana Senate.
White House: Trump budget will hike defense spending by $54B
To counter defense-spending increases, the president plans to propose corresponding cuts to domestic programs and foreign aid.
Committee endorses transit tax hike, sends plan to full council
The City-County Council committee vote came after Mayor Joe Hogsett’s top adviser urged members to say yes—the first time the mayor’s office had expressed an opinion publicly about whether the tax increase should pass.
‘Bottoms Up’ beer-dispenser maker faces tax-break termination
The Metropolitan Development Commission is slated to vote Wednesday to terminate a tax-abatement agreement with Indianapolis-based GrinOn Industries LLC, makers of the “Bottoms Up” beer-dispensing system, which fills cups from the bottom.