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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 [...]

2019-02-27T10:48:48-04:00February 27th, 2019|

Top Story: Chamber Pushing Venture Capital Transferability in Governor’s Economic Development Package

Senate Bill 563 – Economic Development Authored by Sen. Travis Holdman (R-Markle) Makes a variety of changes to tax policy and tax incentive programs intended to promote and enhance economic development. The major components are: (1) moving to a market-based sourcing method for income apportionment for service companies; (2) a small business innovation voucher program to assist in research; [...]

2019-02-15T13:31:03-04:00February 15th, 2019|