Priority Legislation on Venture Capital Credit, Broadband and Asbestos Litigation Moves to Second Half

Senate Bill 563 (Economic Development), authored by Sen. Travis Holdman (R-Markle), passed the Senate 45-4 on Monday. It contains the long-standing Indiana Chamber priority of making the venture capital investment credit transferable. Another aspect of significance is the change to how service providers’ income tax liability is determined. The change, generally speaking, will benefit companies that sell their services [...]