Pence signs bill delaying new farmland taxes
Indiana Gov. Mike Pence has signed into law a one-year delay on new calculations for property taxes on farmland. The bill was the first one Pence has signed into law since becoming governor last month.
Indiana Gov. Mike Pence has signed into law a one-year delay on new calculations for property taxes on farmland. The bill was the first one Pence has signed into law since becoming governor last month.
The Indiana House has signed off on a measure that would let local residents vote for higher taxes to pay for a $1.3 billion expansion of the public transportation system.
ExactTarget Inc. could get a 10-year tax break on an unspecified investment in new equipment if the City-County Council agrees to designate several parcels tied to the Indianapolis-based company as a "high technology district."
House Republicans blocked a vote Thursday on Gov. Mike Pence's proposed tax cut, fending off — at least for now — an attempt by Democrats to force them into the awkward position of rejecting one of the new GOP governor's top legislative priorities.
The firm in historic Union Station had been ordered to shut down by the state because it owed more than $43,000 in delinquent taxes, but the state appears to have been mistaken in its decision.
A bill to let voters authorize higher taxes in central Indiana to pay for an expanded mass-transit system is ready for a full vote in the House after an amendment restricted who would be affected by it.
A plan providing up to $100 million in state funding toward improvements at the Indianapolis Motor Speedway has won approval from the Indiana Senate.
A pair of Republican senators argued Tuesday for the personal income tax cut that Indiana Gov. Mike Pence has made his top priority, while House Republicans across the hall advanced a budget that swaps that cut for education and roads spending.
New calculations for property taxes on Indiana farmland would be delayed for a year under a proposal approved by the state Legislature.
A $5 tax charged patrons at the doors of Texas strip clubs generates more $10 million a year. Utah and Illinois also have recently enacted taxes or surcharges to fund programs for victims.
House Republicans tossed out Gov. Mike Pence's call for a tax cut Friday, unveiling a $30 billion biennial budget that instead relies on Indiana's roughly $500 million annual surplus to restore education cuts and pay for road and bridge repairs.
The leader of the Indiana House is hesitant about the chances of an overhaul of state casino taxes and regulations aimed at helping them against growing competition from surrounding states.
The change would save the state $24 million in 2015 and another $48 million each year thereafter—all money that’s now being collected from gambling taxes and sent to cities, towns and counties.
The Indiana Senate Appropriations Committee on Thursday morning unanimously passed a bill that would capture state tax money generated at the Indianapolis Motor Speedway and give it back to the track to improve the facility.
The Indiana Department of Revenue has revoked the Indianapolis firm’s retail merchant certificate, alleging it owes more than $43,000 in taxes.
Nearby businesses hope upgrades to the Indianapolis Motor Speedway from a proposed state taxing district would pave the way for additional offerings at the venue, including night racing.
Legislator says the recent tax increases aren’t being used for the purpose intended when such increases were authorized in 2009.
Amazon.com and other online-only retailers would have to start collecting Indiana's 7-percent sales tax this summer under a bill approved overwhelmingly by the Indiana House.
A new redevelopment area will be created on the north side, as the Indianapolis City-County Council voted 23-5 Monday night in favor of the North Midtown tax-increment finance district.
Indiana lawmakers looking to plug a hole in state transportation spending are considering diverting the state's sales tax on gasoline to transportation.