Senate Bill Targets Double Taxation for Business Owners
SB 314 / Chamber Supports The Senate Tax and Fiscal Policy Committee heard testimony last week on Senate Bill 314. The bill seeks to refine the state’s pass-through entity tax (PTET) and eliminate double taxation for resident business owners. Authored by Sen. Scott Baldwin (R-Noblesville), the proposal would allow pass-through entities to exclude income earned by resident owners in other states from Indiana taxable income before allocation and apportionment. Currently, pass-through entities that elect [...]
Higher Education, Credentials Highlighted in Senate
https://www.youtube.com/watch?v=5gPtQxlzwz8 Our President and CEO Vanessa Green Sinders shares why our team testified in support of Senate Bill 448 (regarding higher education and the workforce) at the Statehouse this week.
Farmland Tax Reform Shifts Burden to Indiana Businesses
HB 1192 / Chamber Neutral The House Ways and Means Committee heard testimony last week on House Bill 1192, authored by Rep. Kendell Culp (R-Rensselaer). This is an Indiana Farm Bureau priority bill that proposes adjustments to Indiana’s farmland assessment formula, including the exclusion of the two highest market value years in the six-year rolling average – effectively making it a four-year average – and an increase in the capitalization rate. These changes would [...]
WRTV Highlights Potential Office of Entrepreneurship and Innovation
https://www.youtube.com/watch?v=SsrCo90IIEA Among our legislative priorities in 2025 is advocating for the state to create an Office of Entrepreneurship and Innovation. The vessel for the measure will be House Bill 1172, authored by Rep. Jake Teshka (R-North Liberty). WRTV-6 featured the bill and spoke with our Senior Vice President David Ober about its potential impact.
School Deregulation Measure Gets Early House Consideration
HB 1002 / Chamber Supports Relieving school districts from some unnecessary and contradictory regulations is the goal of a House Republican priority bill heard last week in the House Education Committee. House Bill 1002, authored by committee chair Rep. Robert Behning (R-Indianapolis), is the first step in a multi-year effort to streamline the state’s school regulatory code. Indiana Code Title 20 encompasses a mass of regulations for state and local school operations, including additions [...]
