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Analyzing the Consolidated Appropriations Act of 2018

By Bill Waltz, Indiana Chamber of Commerce vice president of taxation and public finance It was largely overshadowed by other headlines, but Congress recently passed a very significant piece of legislation. The Consolidated Appropriations Act of 2018 spends a lot – I mean a lot – of money: $1.3 trillion over the next fiscal year. It includes many substantial [...]

2018-04-13T12:39:29+00:00 April 13th, 2018|

Much at Stake in U.S. Supreme Court Online Sales Tax Case

By Bill Waltz, Indiana Chamber of Commerce vice president of taxation and public finance On April 17, the Supreme Court of the United States (SCOTUS) will hear oral arguments in South Dakota v. Wayfair. Wayfair Inc., Overstock.com and another online retailer challenged a South Dakota law that calls for them to collect South Dakota’s sales tax on their sales [...]

2018-04-13T12:31:09+00:00 April 13th, 2018|

TPP Could Be Back On; Why We Need the Trade Agreement

Is Donald Trump doing a major about-face? One of his first acts as President was to issue an executive order withdrawing the U.S. form the Trans-Pacific Partnership (TPP) agreement, which had been signed in 2016 by President Obama. As of Thursday, President Trump has been persuaded to consider rejoining the TPP as an effective way to deal with China [...]

2018-04-13T11:47:40+00:00 April 13th, 2018|

Opioid Recovery, Coal Tax Credit and More

• On Tuesday, Sen. Todd Young joined Sen. Tim Kaine (D-Va.) and Doug Jones (D-Ala.), all members of the Senate Health, Education, Labor and Pensions (HELP) Committee, to introduce the Jobs Plus Recovery Act to incorporate job training into drug addiction recovery programs. The bipartisan legislation would establish a pilot program that gives individuals impacted by opioid addiction or [...]

2018-04-13T12:47:31+00:00 April 13th, 2018|

Walorski Shares Feedback From Hoosier Businesses Impacted by Tariffs at Ways and Means Hearing

On Thursday, Congresswoman Jackie Walorski (IN-02) shared feedback from Hoosier businesses affected by steel and aluminum tariffs at a House Ways and Means Committee hearing on the impact of tariffs on the U.S. economy and jobs. “Historic tax cuts and regulatory reforms have revived America’s economy, but I am constantly hearing from businesses in northern Indiana that steel and [...]

2018-04-13T12:06:59+00:00 April 13th, 2018|

Township Reform Trashed, Tax Code Update Crashed … Yet Alas, SaaS Passed!

By Bill Waltz, vice president of taxation and public finance The 2018 session looked quite promising in January. The Indiana Township Association supported a bill that included the merger of over 300 small townships, and the House Republicans endorsed it as a priority bill. The Governor made legislation to clarify the exempt status of software as a service (SaaS) [...]

2018-03-30T11:13:29+00:00 March 30th, 2018|

Federal Relations: Health Care Price Transparency Sought; ACA Lawsuit Filed; Medical Device Tax Meeting Held

- Senator Todd Young is part of a bipartisan group of senators seeking feedback from the health care and patient communities as they develop legislation to improve price transparency in the health care market and lower costs. The senators are specifically seeking responses to a dozen questions ranging from regulatory barriers to big data to cash prices. “Real world [...]

2018-03-02T13:26:50+00:00 March 2nd, 2018|

Wireless Structure Bill Voted From Senate Committee

Bill # and Title: HB 1050 – Small Cell Wireless Structures Author: Rep. David Ober (R-Albion) Summary: Provides that the definition of “wireless support structure” does not include a utility pole owned or operated by: (1) a public utility; (2) a municipality; (3) an electric membership corporation; or (4) a rural electric cooperative. Does include wireless carriers. Provides that [...]

2018-02-16T12:57:58+00:00 February 16th, 2018|

Drug Formulary Bill for Worker’s Compensation Goes to Full Senate

Bill and Title: SB 369 – Worker's Compensation Drug Formulary Author: Sen. Randy Head (R-Logansport) Summary: As introduced, requires the commissioner of insurance to adopt rules for exclusive use, beginning July 1, 2020, of a worker’s compensation drug formulary by worker’s compensation insurers. Specifies application of the formulary for employees who file notice of injury or occupational disease before [...]

2018-02-02T13:08:38+00:00 February 2nd, 2018|

Federal Relations: Medical Device Tax Gets Reprieve, Solar Energy Price Increase, WOTUS Confusion

- On Monday, Congress passed an amended version of H.R. 195, the Extension of Continuing Appropriations Act. The bill, signed by President Trump later that day, extends government funding through February 8, 2018, as well as suspends the medical device tax for two years and renews the Children’s Health Insurance Program funding for six years. The medical device tax [...]

2018-01-26T14:19:48+00:00 January 26th, 2018|