(INDIANAPOLIS) — Indiana Chamber of Commerce President and CEO Kevin Brinegar comments on Gov. Eric Holcomb today signing House Bill 389, repealing the state’s wetlands law: “It’s surprising and very disappointing that the Governor signed a bill that is likely to have negative impacts on Indiana’s water quality, flood control and quality of place factors that the state needs [...]
(INDIANAPOLIS) — More than one year after the start of the COVID-19 pandemic, Indiana employers are optimistic about the future – particularly the state’s economy and overall business climate. In a new research survey, commissioned as part of the Accelerating Indiana Vision 2025+ initiative from the Indiana Chamber of Commerce and its Foundation, 895 business leaders completed surveys in [...]
(INDIANAPOLIS) — Indiana Chamber of Commerce President and CEO Kevin Brinegar calls the 2021 Indiana General Assembly session, which wrapped up regular work today, a “strong one for assisting businesses in their recovery from the pandemic and continuing to push the state to be a leader in the Midwest and beyond.” His remarks on the fate of key legislation [...]
(INDIANAPOLIS) — Indiana Chamber of Commerce President and CEO Kevin Brinegar applauds the General Assembly leadership for including the state’s first ever tax on vaping and e-liquids in the state budget. Specifically, the tax is 25% wholesale on closed systems like vaping pods and 15% retail on the open systems like refillables. His remarks: “We are very pleased that [...]
SB 325 – Hospitals; authored by Sen. Justin Busch (R-Fort Wayne) HB 1468 – Various Health Matters; authored by Rep. Steve Davisson (R-Salem) Chamber position: Neutral The latest: On second reading, an amendment was added by Rep. Ed Clere (R-New Albany) to SB 325 that addressed a contested issue between hospitals and insurance carriers. The issue is being referenced [...]
House Bill 1002 (Civil Immunity Related to COVID-19), authored by Rep. Jerry Torr (R-Carmel), was concurred on by the House 58-21(20 members were excused from voting). The bill now goes to the Governor for his signature. The Chamber-supported legislation protects health care providers from professional discipline for certain acts or omissions in response to COVID-19. It also provides immunity [...]
Senate Bill 54 (FAFSA Awards), authored by Sen. Jean Leising (R-Oldenburg), headed into conference committee this week with House and Senate lawmakers agreeing that increasing the percentage of Hoosier high school students completing the Free Application for Federal Student Aid (FAFSA) was important but displaying distinctly different perspectives on the best way to achieve this goal. As passed by [...]
Venture Capital Investment (VCI) tax credit expansion – The Indiana Chamber has long advocated for the expansion of the VCI tax credit; including increasing the “cap” beyond $12.5 million, increasing the percentage of the investor’s credit beyond 20% and incentivizing investments into venture funds. Both the House and Senate passed versions indicate that we are on the precipice of accomplishing [...]
SB 389 – Repeals State Regulated Wetlands Law Authored by Sen. Chris Garten (R-Charlestown); sponsored by Rep. Matt Lehman (R-Berne) This bill, as amended, eliminates regulation of the majority of isolated wetlands (not federally determined) by the Indiana Department of Environmental Management (IDEM). The bill provides that no permits are required for Class I wetland and certain Class II [...]
$462.9M, $862.3M, $1,104M. These are the numbers that can be added to what is projected in tax collections for fiscal years 2021, 2022 and 2023. This is how much more money the Indiana revenue forecasters are now projecting over what was outlined in their December 2020 forecast. The amount totals $2.4B in “new” money that the budget-makers could include [...]
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