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Indiana Utility Regulatory Commission Looks at Impact of New Tax Reform Law; Senator Young Introduces Bipartisan Bill to Increase Government Accountability and Save Taxpayer Dollars

The Indiana Utility Regulatory Commission (IURC) has taken action related to the federal tax bill. On January 3, the IURC issued an order initiating an investigation of the impact of the newly-signed federal Tax Cuts and Jobs Act on investor-owned utilities in the state. The Tax Cuts and Jobs Act, which was signed into law by President Donald Trump [...]

2018-01-05T13:13:06+00:00January 5th, 2018|

Federal – Taxation: Health Insurance Tax Back in Play, Effective Jan. 1 Unless Congress Acts

The fate of Obamacare’s health insurance tax (HIT) is currently being decided in negotiations over a year-end bill. Also in the mix is a two-year delay of Obamacare’s medical device tax, loosening the restrictions on health savings accounts and delay of the Cadillac tax – all Indiana Chamber-supported efforts. HIT implementation has consistently been delayed. But Congress is cutting [...]

2017-12-08T14:14:22+00:00December 8th, 2017|

Medical Device Tax Repeal, RV Industry Legislation and Amazon Headquarters

- House Republican lawmakers, under the leadership of Rep. Jim Banks (IN-03), have signed a letter to Speaker of the House Paul Ryan asking for continued suspension or outright repeal of the medical device tax. This letter has bipartisan support with over 179 members of the U.S. House of Representatives signing on. As background, in 2013 the 2.3% medical [...]

2017-11-03T13:14:33+00:00November 3rd, 2017|