A recent Supreme Court ruling in Moore v. United States has significant implications for businesses and state tax systems. The case revolved around the constitutionality of the mandatory repatriation tax (MRT), which was introduced as part of the 2017 Tax Cuts and Jobs Act. The MRT taxes U.S. shareholders on the earnings of foreign corporations, even if those earnings [...]
We were thrilled to see so many gathered at our Inaugural Health Care Transformation Summit today to address one of the most pressing issues facing businesses and employees alike. Our CEO Vanessa Green Sinders kicked off the event, which ends tomorrow, with why the organization held the event and is championing collaboration among all stakeholders. Below is a condensed [...]
The Legislative Council, a panel of high-ranking legislators charged with managing the business of the legislative branch, met recently, and assigned topics of study to various interim committees. Interim committees will work over the coming months to review the topics and make recommendations for policy changes or legislative actions in 2025. Additional topics were assigned to the Funding Indiana’s [...]
In 2024, the Indiana Chamber staunchly opposed a measure that would have cost Hoosier businesses billions of dollars in higher health care expenses. We also supported legislation to enhance access to childcare and opposed potential obstacles in the employer-employee relationship. Our annual return on investment details the specific impact each of these and other successful Chamber actions had on [...]
Tax Day has come and gone, but it was the U.S. Senate that gave itself another extension on the bipartisan Tax Relief for American Families and Workers Act of 2024 (H.R. 7024). The Chamber previously sent a letter to Indiana's congressional delegation and continues to advocate for the bill's passage with senators. The bill has been introduced but remains [...]
H.R. 7160 / Chamber Supports The U.S. House of Representatives may soon consider a bill that would increase the State and Local Tax (SALT) deduction cap to $20,000 from the current $10,000. Representative Michael Lawler (R-NY-17) authored the legislation, which was reported favorably by the House Rules Committee (8-5) and may be voted on as early as next week. The [...]
H.R. 7024 / Chamber Supports The Tax Relief for American Families and Workers Act of 2024, authored by Rep. Jason Smith (R-MO-08), was passed by the U.S. House of Representatives last week with a vote of 357-70, following an extensive debate. The legislation received strong support among the Indiana House delegation. Only Rep. Jim Banks (R-IN-03) and Rep. Victoria Spartz (R-IN-05) [...]
The Indiana Chamber of Commerce was named the 2023 State Chamber of the Year by the National Association of State Chambers at the group’s annual conference in late August – held this year in Anchorage, Alaska. “It’s such an honor to earn this recognition by our peers and it’s a fitting commentary on the hard work of our staff, [...]
Makers of things ingenious, interesting and off the wall, it’s time to see if you’re the coolest of them all! The Indiana Chamber’s third annual Coolest Thing Made in Indiana competition is back and combines the state’s proud manufacturing tradition and passion for basketball. Entries are being accepted for the Hoosier Hysteria-style single elimination tournament at www.indianachamber.com/coolest. Entry is free, and nominations [...]
While Indiana has built one of the most competitive business climates in the country the last few decades, the state must be courageous enough to identify its shortcomings and bold enough to tackle them. That’s the mindset behind the Indiana Chamber of Commerce’s comprehensive new playbook for the state. Indiana Prosperity 2035 – A Vision for Economic Acceleration is [...]
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