SB 386 – Cost Securitization for Electric Utility Assets Authored by Sen. Eric Koch (R-Bedford) Sponsored by Rep. Ed Soliday (R-Valparaiso) This bill creates a pilot program for CenterPoint Energy (Vectren). It provides that an electric utility that has certain qualified costs associated with an electric generation facility that will be retired from service within 24 months and are [...]
SB 234 – Withholding Tax Remittance Authored by Sen. Linda Rogers (R-Granger) This bill takes a very different approach to addressing the issue of potential mishandling of withholding tax remittances than what Sen. Rogers offered last year. Rather than requiring businesses to set up direct deposit accounts with the Indiana Department of Revenue to protect against fraud, this year’s [...]
HB 1152 – Unemployment Insurance Authored by Rep. Dan Leonard (R-Huntington) Sponsored by Sen. Phil Boots (R-Crawfordsville) Clarifies provisions concerning the overpayment of unemployment benefits resulting from fraud or failure to disclose wages and the forfeiture of benefits or wage credits. Chamber position: Support The latest: Two amendments were offered by Sen. Karen Tallian (D-Portage) in the Senate Pensions and [...]
HB 1001 – State Budget Authored by Rep. Tim Brown (R-Crawfordsville) The budget bill appropriates money for the operation of the state, K-12 and higher education, the delivery of Medicaid and other services, plus various other distributions and purposes. Chamber position: Support in part The latest: The Senate Appropriations Committee began hearings of the House-formed budget bill this week. The opening [...]
FREE MEMBER WEBINAR: April 12, 11-12:30 — Innovate or Risk Being Left Behind: Pandemic Lessons and Trends Sitting at home one evening feeling hungry, you pop out your phone and flip through the specials on DoorDash, looking for something you like. As you scroll, you remember that you’re out of napkins and paper plates, as there’s been a lot of [...]
On March 10, the U.S. House of Representatives passed the American Rescue Plan Act of 2021 (H.R. 1319) by a vote of 220-211 (along party lines) which already passed out of the U.S. Senate by a vote of 50-49. H.R. 1319 provides additional relief to address the continued impact of COVID-19 on the economy, public health, state and local [...]
SB 227 – Enforcement of Pesticide Violations Authored by Sen. Jean Leising (R-Oldenburg) This bill provides a list of violations for which the state chemist may impose a civil penalty. It eliminates the schedule of civil penalties as adopted by the Indiana Pesticide Review Board. (Under current law, the state chemist imposes a civil penalty in accordance with a [...]
HB 1125 – Deceptive Lead Generation Authored by Rep. Matt Lehman (R-Berne) Sponsored by Sen. Liz Brown (R-Fort Wayne) Makes false, misleading or deceptive advertisements for claims related to medical devices, legend drugs and certain other actions a deceptive act. Chamber position: Support The latest: Chairwoman Brown allowed testimony but held the bill without a vote. One amendment to the [...]
SB 383 – Various Tax Matters Authored by Sen. Travis Holdman (R-Markle) This is the Indiana Department of Revenue’s (IDOR) annual bill containing a collection of changes the agency has identified as needed to improve state tax administration. Among the many provisions are those establishing new procedures for how individual partners must amend their tax state when the Internal [...]
SB 336 – Assessments and Tax Exemptions Authored by Sen. Aaron Freeman (R-Indianapolis) Provides that the business personal property exemption from taxation is based on the assessed value of the business personal property instead of the acquisition cost. Chamber position: Support in Part (No position on the taxability of reward money) The latest: The bill was heard in the House [...]
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