Cash-short cities mull new wheel-tax option
Indiana cities with a population of at least 10,000 are now allowed to impose an excise surtax and wheel tax to fund road projects and maintenance, under legislation passed this year.
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Indiana tax amnesty collections total more than $188 million
The amount was more than double the $90 million anticipated by the General Assembly and represented a third of amnesty-eligible liabilities.
Fishers City Council OKs wheel tax, gives itself pay raise
On the same night the Fishers City Council gave itself a 58 percent pay hike, members unanimously voted to charge residents and businesses a new tax for every registered vehicle they own starting in 2018.
Pence touts Indiana economy in VP pitches
Indiana economists and finance experts have mixed reviews about how much of what Pence has touted on the campaign trail should be credited to him.
Business groups see ‘home run’ with Trump’s lower corporate tax
Small-business and manufacturers’ groups praised a proposal by Republican presidential candidate Donald Trump to take the U.S. federal corporate tax from the highest to one of the lowest among developed nations.
City to consider forcing sale of parcels for new east-side library
Negotiations with property owners to buy a few parcels of land in the Martindale-Brightwood neighborhood appears to have stalled. City-County Council members this week will discuss exercising eminent domain.
State announces record reserve fund, budget surplus
Indiana was able to achieve the surplus despite missing its forecast for revenue growth by $111.3 million.
Chicago’s new older smoking age could increase Indiana sales
Chicago's move to raise the minimum age to purchase cigarettes to 21 could increase smoke shop sales in northwestern Indiana, experts said.
Senate report: Illegal immigration costs state $131M
The study factored in K-12 education, health care and incarceration costs. But advocates say undocumented immigrants also add to the economy by paying taxes and purchasing goods.
Lawrance returns to Chamber, to push for more road funding
Mark Lawrance spent 14 years at the Indiana Chamber of Commerce before heading to the Indiana University Public Policy Institute two years ago. Now he’s back at the Chamber in a new role.
State unemployment fund pays back $250M loan
The trust fund—which is used to pay benefits to out-of-work Hoosiers—reimbursed the state for a loan that saved businesses from paying more than $327 million in penalties to the federal government.
Council OKs putting mass-transit tax hike on November ballot
The question will be whether Marion County voters are willing to approve a 0.25 percent income-tax hike to pay for expanded mass transit.
State launches ‘one-stop’ business portal to blast through red tape
The state promises the website will make the bureaucracy that comes with opening and maintaining a business easier to navigate.
Council committee advances mass transit funding plan
A proposal that would let Marion County residents vote for an income-tax increase to help fund expanded mass transit passed a City County Council committee Tuesday night.
Hamilton County schools worry how voter turnout will impact referendums
Hamilton Southeastern Schools and Noblesville Schools are proposing tax-raising referendums on the ballots next week. There’s concern that hotly contested primary races will bring naysayers to the polls.
Court corrects tax bill for horse-racing business owner
An man who ran an Indianapolis-area horse-racing business will have his tax deficiencies for the 2005 and 2006 tax years voided after an appeals court ripped apart an opinion by the U.S. Tax Court.
Locals face tax decisions for roads funding
Cities and counties are set to receive millions of dollars for their road and street projects, but elected officials must decide whether to raise local vehicle taxes to keep the dollars flowing.
Lawmakers OK agricultural property tax relief bill
Farmers will get property tax relief under a bill approved Thursday that shifts a potential burden of about $136 million onto other taxpayers over the first three years.
Indiana Legislature adjourns after moving smaller roads package
An 11th-hour deal struck before the end of Indiana's yearly legislative session will give Gov. Mike Pence just a fraction of the $1 billion he proposed spending to make state highway improvements.
Tax increase for Indiana road funding appears unlikely
Efforts by the Indiana House to finance infrastructure improvements by raising taxes increasingly appear to be doomed during the legislative session that wraps up this week.