$462.9M, $862.3M, $1,104M. These are the numbers that can be added to what is projected in tax collections for fiscal years 2021, 2022 and 2023. This is how much more money the Indiana revenue forecasters are now projecting over what was outlined in their December 2020 forecast. The amount totals $2.4B in “new” money that the budget-makers could include [...]
$462.9M, $862.3M, $1,104M. These are the numbers that can be added to what is projected in tax collections for fiscal years 2021, 2022 and 2023. This is how much more money the Indiana revenue forecasters are now projecting over what was outlined in their December 2020 forecast. The amount totals $2.4B in “new” money that the budget-makers could include [...]
HB 1001 – State Budget Authored by Rep. Tim Brown (R-Crawfordsville) The budget bill appropriates money for the operation of the state, K-12 and higher education, the delivery of Medicaid and other services, and various other distributions and purposes. Chamber position: Support in Part The latest: The Senate Appropriations Committee finished reworking the House budget bill yesterday. Basically, it spends the [...]
Last week, Senate leader Rod Bray (R-Martinsville) indicated the e-liquids tax proposed in the Senate’s version of the budget would bring that segment in line with the traditional cigarette tax. Unfortunately, the Senate Republican amendment adopted yesterday in committee absolutely does not do that. The tax on vaping products is only 10 cents per milliliter of e-liquids; that’s entirely insufficient and arguably [...]
(INDIANAPOLIS) — Indiana Chamber of Commerce President and CEO Kevin Brinegar comments on the “woefully inadequate” tax on e-cigarette products offered today in the state budget: “A tax on vaping products of only 10 cents per milliliter for e-liquids is entirely insufficient and arguably worse than no increase at all. Last week, Senate Leader Rod Bray indicated the e-liquids [...]
HB 1001 – State Budget Authored by Rep. Tim Brown (R-Crawfordsville) The budget bill appropriates money for the operation of the state, K-12 and higher education, the delivery of Medicaid and other services, and various other distributions and purposes. Chamber position: Support in Part The latest: The Senate Appropriations Committee took public testimony on the budget this week. After earlier meetings [...]
HB 1001 – State Budget Authored by Rep. Tim Brown (R-Crawfordsville) The budget bill appropriates money for the operation of the state, K-12 and higher education, the delivery of Medicaid and other services, plus various other distributions and purposes. Chamber position: Support in part The latest: The Senate Appropriations Committee began hearings of the House-formed budget bill this week. The opening [...]
House Bill 1001, authored by Rep. Tim Brown (R-Crawfordsville), appropriates money for the operation of the state, K-12 and higher education, the delivery of Medicaid and other services, plus various other distributions and purposes. The House Ways and Means Committee transformed the introduced budget bill, representing the budget devised and proposed by the administration, into a bill reflecting the [...]
HB 1001 – State Budget Authored by Rep. Tim Brown (R-Crawfordsville) Appropriates money for the operation of the state, K-12 and higher education, the delivery of Medicaid and other services, plus various other distributions and purposes. Chamber position: Support in Part The latest: The House Ways and Means Committee transformed the introduced budget bill, representing the budget devised and [...]
The State Budget Committee convened Wednesday to listen to presentations regarding Indiana’s economy and tax revenues for the next two years. First, was an overview of our economic picture, presented by an economist retained to focus on Indiana’s economic particulars. That was followed by a presentation of the conclusions of a very respected group of fiscal analysts whose task [...]
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