Indiana Leaders Convene in D.C.
https://www.youtube.com/watch?v=xUJpUZ5-7JI Our President and CEO Vanessa Green Sinders provides a summary of her recent trip to Washington, D.C. as part of the U.S. Chamber’s Committee of 100. It was a welcomed opportunity to meet with national leaders as well as members of Indiana's congressional delegation.
Film and Media Production Tax Credit Bill a Hidden Gem
SB 306 / Chamber Supports A bill that the Senate passed 49-0 is flying under everyone’s radar. With no new budget allocation, it makes a meaningful change to an existing statute that will produce (at minimum) a 6:1 return on the state’s investment. In 2022, the Indiana General Assembly established the film and media production tax credit, which offers producing entities up to 30% of their qualified expenditures back in the form of a [...]
House Debates Property Tax Redesign
HB 1402 / Chamber Supports | SB 1 / Chamber Neutral The House Ways and Means Committee reconvened last week to further examine Senate Bill 1, specifically focusing on a potential amendment incorporating provisions from House Bill 1402, authored by Ways and Means Chairman Rep. Jeff Thompson (R-Lizton). Representative Thompson presented the committee with an amendment intended to replace SB 1’s original language with that of HB 1402, significantly altering the approach to property [...]
Recap of Chamber Day at the Statehouse
https://youtu.be/UJOSv-2MO0o The Indiana Chamber's Chamber Day at the Statehouse event, held in partnership with the Indiana Chamber Executives Association, featured a full day of programming that brought together more than 300 employers and local chambers of commerce leaders to connect with lawmakers on public policies impacting their local businesses and workforce.
A READI Alternative in the Works?
Absent some miraculous revision in the state’s revenue forecast, there will not be another $500 million appropriation for the Regional Economic Acceleration and Development Initiative (READI) program. Even if there was newfound cash, the general consensus is that another round of READI would be premature given the amount of READI 1.0 and 2.0 funds that remain unspent. That said, some regions are further along in the execution of their strategic regional growth plans and [...]
