(INDIANAPOLIS) — Indiana Chamber of Commerce President and CEO Vanessa Green Sinders comments on the just released conference committee report for House Bill 1001, the state’s two-year budget, which now includes a $2 per pack increase in the cigarette tax: “With today's announcement of an increase in the cigarette tax, the first in over 17 years, we are taking the necessary [...]
HB 1001 / Chamber Supports in Part Indiana’s updated state revenue forecast shows a shortfall of $403 million in the current fiscal year and a reduction of $1.97 billion over the next two fiscal years. Although revenue will continue to grow year over year, the pace of growth will fall far short of earlier projections. Slower job and wage [...]
House Bill 1001, aka the state budget bill, was introduced by Rep. Jeffrey Thompson (R-Lizton) and an initial presentation was received by the House Ways and Means Committee in early January. The bill includes a list of all the spending priorities over the next two years and includes some policy. The Chamber supports many of the provisions in HB [...]
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