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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+00:00April 13th, 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+00:00January 26th, 2018|

Young and Donnelly Join Forces; Hollingsworth Endorses National Right to Work Act

- Senators Todd Young and Joe Donnelly joined Senators Debbie Stabenow (D-Mich.) and Rob Portman (R-Ohio), co-chairs of the Senate Great Lakes Task Force, in signing a bipartisan letter to Office of Management and Budget Director Mick Mulvaney calling for $300 million for the Great Lakes Restoration Initiative (GLRI) to be included in the next fiscal budget request (for [...]

2017-10-27T14:07:13+00:00October 27th, 2017|

Budget Passes; Tax Reform Up Next – Setting the Stage

Good news coming out of Washington, D.C., this week: The U.S. House of Representatives passed a budget resolution by a vote of 216-212. As expected, Indiana Republicans supported the effort, while our two Democrat members voted in opposition. The passage of the budget is fantastic news on its own; however, it also serves as the last procedural hurdle that [...]

2017-10-27T14:06:13+00:00October 27th, 2017|