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.
-
Nets, trash cans and landscaping: Here's how the city would spend $2M for parks
A $2 million proposal would allow the city to better maintain its parks, an issue that's been affecting parks across Indianapolis.
Kokomo man found not guilty in murder of Karena McClerkin, missing since 2016
The man accused of murdering Karena McClerkin, who was just 18 years old when she was reported missing in October 2016, has been found not guilty.
Robert Francis Prevost elected first American pope, takes name Pope Leo XIV
White smoke billowed from the Sistine Chapel chimney on Thursday, signaling that a new pope has been elected.
IMS Yellow Shirts maintain long lasting friendship, all for the love of the race
On the track yellow means caution, but off the track, these yellow shirts make sure people know where they are going all month long.
