Court: School districts can’t charge for bus rides
The Indiana Court of Appeals says a Marion County school district acted unconstitutionally when it indirectly charged fees for students to ride buses to school.
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Southwest Ohio gamblers spending less in Indiana
An analysis found that gamblers for the first time are spending more at the Cincinnati casino and two racinos in the region than in neighboring southeast Indiana.
States could be expanding wealth gap with tax policies
Politicians in Indiana and other states hope tax cuts for businesses will boost their economies, but those and other moves could be contributing to the income gap limiting growth in U.S. consumer spending.
State plans conference to examine tax structure
More than 200 local and national tax professionals and policy makers will participate in the Indiana Competitiveness and Simplification Conference on June 24 at the Indiana Government Center.
Online grocer plans 238 jobs in Indianapolis
Peapod Inc., an online grocery-delivery service, is seeking city tax incentives to help it with an expansion that would create 238 jobs by 2018. The jobs would pay about $15 per hour.
Council OKs smoke-detector ordinance, road repair funds
The Indianapolis City-County Council voted 24-5 Monday night to update the city code on smoke detectors. It also voted 24-5 to spend $8.3 million from the Rebuild Indy fund on emergency road repairs.
U.S. House votes to revive expired research tax credit
The 274-131 vote follows calls to restore the credit by a coalition of companies including Indianapolis-based Eli Lilly and Co. and Texas Instruments Inc.
Removing false homestead exemptions to yield bonanza
Marion County stands to receive tens of millions of dollars from property owners who’ve been claiming false homestead deductions when this spring’s tax bills are collected.
CIB OKs Pacers subsidy after promise of no additional taxes
The city’s Capital Improvement Board on Monday afternoon unanimously approved a $160 million, 10-year finance package to the Indiana Pacers for the operations of Bankers Life Fieldhouse.
Law firms fight ‘onerous’ tax shift for service businesses
The proposed switch in accounting methods could create cash-flow nightmares for medical-service providers, accounting, engineering, consulting and other professional-services companies with revenue over $10 million.
Tax revenue stabilizes in March but still behind for fiscal year
For the fiscal year – which began July 1 – total tax collections are still about $71 million behind the estimates used to write the current two-year budget.
Pence continues to seek repeal of medical device tax
A number of Indiana lawmakers – including both of the state’s U.S. senators – have advocated for the elimination of the tax, in part because the state is home to several key medical device manufacturers.
Sweetener maker plans $21M in improvements, 151 new jobs
Carmel-based Heartland Food Product Groups is seeking nearly $1 million in tax breaks on building work and new equipment for its Indianapolis production facility.
Several education-related bills signed into state law
In addition to approving legislation to end Common Core standards in Indiana, Gov. Mike Pence on Monday signed four other education-related bills into law.
Governor signs tax-cut, economic development bills
Indiana Gov. Mike Pence on Tuesday morning signed into law a package of state business tax cuts approved by lawmakers earlier this month as well as several other business-related bills.
Big businesses fight over Indiana energy program
Two giant corporations that sell products that save electricity want Gov. Mike Pence to veto a bill that would halt the program called Energizing Indiana.
City to consider $7.7M bond issue to assist Broad Ripple project
Browning Investments Inc. says that it is seeking $5.7 million from the bond issue to help finance Canal Pointe, its controversial $30 million apartments-and-retail project.
Apparel firm requests tax break on $15M project
OSP Group is in the midst of re-evaluating its national distribution network and has identified major improvements needed at the center, which employs 625.
Financial emergency sparks cuts in Connersville
The city’s clerk-treasurer estimates the city's general fund will have less than $15,000 in the bank as of May 1, yet its monthly payroll and claims typically exceed $700,000.
Indiana lawmakers pass package of business tax cuts
The corporate income tax and state banking tax would be reduced to 4.9 percent and local governments would be left to decide whether to cut the business equipment tax.