With so many businesses and citizens feeling the negative impacts of COVID-19, I think most expected Congress to pass additional relief legislation that would lessen or soften those impacts. The trillion-dollar question is whether that will actually take place? A quick look at what’s happened or not happened: May 15 through mid-August – The U.S. House of Representatives passed [...]
COVID, an economic shutdown and the resulting delayed due date for income taxes have combined to make the monthly revenue numbers far out of line with projections and typical monthly intakes. First, with nearly everything closed, nearly everybody staying home and people being laid off, it was inevitable that income tax withholdings and sales tax collections would plummet. Then [...]
The federal CARES Act sent $2.4 billion to the state of Indiana to be used for pandemic-related expenses. This was Indiana’s share of the general relief money to help states deal with the ramifications of the COVID outbreak. The Act included numerous other allocations designated to supplement specific state services. That money is being funneled directly to the corresponding [...]
It’s inevitable: The state’s Unemployment Insurance (UI) Trust Fund – once approaching a billion dollars – will be depleted before the end of the month. The Indiana Chamber recognizes this issue is on employers’ minds. We are communicating to the Holcomb administration that the business community should not be expected to solely replenish the fund. The pandemic was unforeseen [...]
(INDIANAPOLIS) — Indiana INTERNnet is accepting nominations for its 15th Annual IMPACT Awards program, a celebration of internship excellence. The nominations are submitted by the public and winners are chosen by a group of impartial judges. Indiana INTERNnet is managed by the Indiana Chamber of Commerce and the program serves as the catalyst for the creation and expansion of experiential [...]
(INDIANAPOLIS) — “The days of public-private partnerships are here to stay.” That’s how Fort Wayne Mayor Tom Henry describes the city’s recent transformation. Downtown revitalization – $681 million in projects this year alone – and new business investment/expansions are spurring growth. In recognition of these and other efforts, the Indiana Chamber of Commerce is honoring Fort Wayne as its [...]
Past Dynamic Leader of the Year recipients: 2019: John Thompson, Thompson Distribution Company 2018: Jim Hallett, KAR Auction Services 2017: Scott McCorkle, Torchlite Marketing and Vibenomics 2016: Matt MacBeth & Don Inmon, pi lab 2015: Dustin Sapp, TinderBox
Past Business Leader of the Year Recipients 2019: Chuck Surack, Sweetwater Sound 2018: Mitch Daniels, Purdue University 2017: Tom Easterday, Subaru of Indiana Automotive, Lafayette 2016: Sonny Beck, Beck’s Hybrids, Atlanta 2015: Mike Packnett, Parkview Health, Fort Wayne 2014: Mike Kubacki, Lake City Bank, Warsaw 2013: Steve Ferguson, Cook Group, Bloomington 2012: Scott Dorsey, ExactTarget, Indianapolis 2011: [...]
Beginning today, employers can elect to defer the 6.2% Social Security payroll tax of its employees that is normally deducted from a paycheck. This was made possible through the recent executive order from President Trump. Employers have to make the determination if this short-term employee relief is worth the tradeoff. The deferral only applies to wages paid beginning on [...]
Past Government Leader of the Year Recipients 2019: Gov. Eric Holcomb 2018: Chief Justice Loretta Rush 2017: Rep. Ed Soliday 2016: Rep. Dan Leonard 2015: Sen. Brandt Hershman 2014: U.S. Rep. Susan Brooks 2013: Former U.S. Sen. Richard Lugar 2012: Rep. Jerry Torr & Sen. Carlin Yoder 2011: Rep. Brian Bosma & Sen. David Long 2010: Tony [...]
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