A group of mayors led by Tom Henry of Fort Wayne and Greg Ballard of Indianapolis is seeking new sources of revenue to replace
the millions they’ll lose because of property tax caps.
Bills aimed at adding caps on property tax bills to the state constitution and delaying increases on unemployment insurance
taxes are now before the full Republican-controlled Senate, weeks before the entire Legislature convenes on Jan. 5.
If approved by the full Legislature during the session that gets under way in earnest in January, voters would decide whether
the caps should be constitutional.
The Indiana Senate Tax and Fiscal Policy Committee plans to vote Tuesday on bills to cap property taxes and delay unemployment
insurance tax increases.
Indiana Gov. Daniels calls for cuts with announcement that tax collections for November were $144 million below forecast.
Indianapolis’ largest computer consulting firm on Wednesday received property-tax abatement relating to its plans to
create 200 high-paying jobs and invest $600,000 in new equipment.
Indianapolis’ largest computer consulting firm is seeking property-tax abatement relating to its plans to create 200 high-paying
jobs and invest $600,000 in new equipment.
A state Senate committee got a jump-start Tuesday on discussing bills on unemployment taxes and property tax caps and plans
to vote on them next week, about a month before the full Legislature convenes.
A new task force is charged with making recommendations for development of the city’s downtown certified technology
park.
By issuing “voluntary environmental improvement bonds,”, local and state governments could
create special taxing districts that finance homeowner purchases of everything from solar panels to rain
gardens.
The number of people claiming jobless aid has tripled since the recession began. The demand has drained the funds that many
states use to pay jobless claims. Nearly half the states, including Indiana, are borrowing from the federal government.
Nearly every Indiana county has failed to send property tax bills on time this year, forcing many local governments and schools
to borrow millions and providing further proof that Indiana’s tax system is still a work in progress more than a decade after
a court ordered a massive overhaul.
Indiana taxpayers filed a record 2.2 million electronic federal tax returns this year.
Ohio voters are poised to weigh in on a ballot question that would authorize casinos in Cincinnati, Cleveland, Columbus and
Toledo.
The state should delay unemployment tax increases on businesses from 2010 to 2011 to help companies retain workers and possibly
wait long enough for a federal bailout, Republicans who control the Indiana Senate said Tuesday.
The association representing 470 cities and towns wants lawmakers to pass legislation that would give municipalities the authority
to adopt local option income taxes.
Bloomington-based Cook Group Inc. might have to cut as many as 1,000 local jobs if Congress enacts a tax on medical devices
to pay for health care reform, company founder Bill Cook said in an interview.
Indiana’s state government could lose more than $200 million in casino tax revenue if casinos are approved in Kentucky and
Ohio.
The non-partisan Indiana Fiscal Policy Institute this morning released a new study exploring the ramifications of expanding
the state’s sales tax to include services.
Property owners in Indiana are expected to save more on their tax bills in the next two years than originally predicted
because of caps on property taxes.
