INDIANAPOLIS (AP) — The prospects for major Indiana tax cuts dimmed further as a leading state senator said he and other senators were focused on first paying down state debts.
The Senate tax committee stripped provisions Tuesday from a House-endorsed bill that would have potentially cut more than $1 billion a year in various business and individual income taxes.
MORE | State Senate guts bill that would have restricted absentee voting in Indiana
Republican Senate leaders have said they're worried about uncertainty in the economy and want to prioritize paying off the state’s future pension obligations.
Key parts of the House plan would cut Indiana’s current individual income tax rate of 3.23% to 3% over the next four years, along with reducing several business taxes.
-
Indianapolis Vision Zero already taking shape three months after launch
Indianapolis leaders say the Vision Zero initiative is already influencing how the city responds to deadly crashes, three months after the city-county commitment launched.
Riviera Club asks members to pay $1,500 assessment to remain open
The Indianapolis club is carrying $3 million in debt and needs 1,000 members to pay a $1,500 assessment by March 13 to open the pool this summer.
How to prep now to avoid sleep loss as Daylight Saving Time begins Sunday
Yes, this is the time change that jumps from 2 a.m. to 3 a.m. Sunday, meaning we "lose" that hour of sleep.
Indy DPW to build new pedestrian bridge over Keystone Avenue
Indy DPW is planning to build a new pedestrian bridge over Keystone Avenue. Their goal is to make it safer for bicyclists and pedestrians using the Nickel Plate Trail and drivers alike.
