Indianapolis Mayor Greg Ballard said the city expects to recover $5.5 million from companies that failed to meet job requirements. The
city will use the money to fund economic development, convention, tourism and education efforts.
The Senate has approved a bill delaying unemployment-tax increases on businesses for a year, but the legislation may face
hurdles in the Democrat-led House.
A report from the Indiana Fiscal Policy Institute says metropolitan counties pay more in state taxes than they receive
in benefits. The results, though not surprising, document the disparity for the first time in Indiana.
The Indiana House approved legislation aimed at putting caps on property tax bills into the state constitution and also a bill that would tighten lobbying and ethics rules.
A final vote on the legislation is expected Monday. If the House and Senate pass the same resolution this session, voters
would decide in November whether to put the tax limits into the constitution.
The House could also advance a bill Thursday that would tighten lobbying and ethics rules in the General Assembly.
A state senator said his committee will consider legislation that would allow riverboat casinos on Lake Michigan and the Ohio
River to move inland in hopes of staving off new competition from neighboring states.
Indiana Democratic House Speaker Patrick Bauer isn’t predicting the fate of legislation that could lead to caps on property
tax bills being amended into the constitution.
Property-tax caps, unemployment insurance, ethics top list of issues awaiting General Assembly.
Tax-delinquent businesses will soon have a new incentive to pay their sales tax debts: public embarrassment.
A new study by the National Conference of State Legislatures shows that states have narrowed
a collective budget gap by $145.9 billion in the fiscal year that began July 1, only to be faced with another $28.2 billion
gap for the remainder of the fiscal year. And fiscal 2011 and 2012 are equally bleak.
Indianapolis property tax bills, paid in two installments due in May and November, should be sent without delay for the first year since
2006.
Clear signs emerged in 2009 that the Hoosier gambling market is oversaturated.
Major credit rating agencies expressed concerns that several casinos, including the state’s new horse track “racinos”
on the outskirts of Indianapolis, might go bust before the year was finished.
Federal estate taxes are set to expire next year, but increase in 2011. Confusion is leaving family businesses like Greenwood-based Byrd Enterprises in limbo. Vice President Jonathan Byrd II is still sorting through the aftermath of his father’s August death.
High demand for ethanol in 2007 and 2008 sent commodity prices to a record level, which could make taxes spike.
The Indiana General Assembly is taking its first steps toward restructuring Hoosier gambling law.
Gov. Mitch Daniels says struggling cities like Gary should think about merging with other local governments to cut their costs.
Lawmakers are likely to pass property tax legislation, which would send it to a voter referendum in November and potentially
into the state constitution.
About the only certainty for the upcoming legislative session is that it will be over in March.
