Signaling their opposition to Gov. Eric Holcomb’s plan to issue $1 billion to Hoosier taxpayers in the form of $225 tax refund checks, Indiana Senate Republicans presented an alternate plan Wednesday to provide some financial relief for Indiana residents during a period of record-high inflation.
As the Legislature prepares to consider Gov. Eric Holcomb’s proposal to return $1 billion of the state’s surplus to taxpayers, some legislators, economists and business leaders are questioning whether putting that money directly into the pockets of Hoosiers is the best use of the windfall.
A multiweek special legislative session to consider tax refunds and new abortion restrictions is expected to cost Indiana taxpayers at least $280,000 in additional compensation to the state’s 150 lawmakers.
While Indiana House and Senate Democrats met at the Statehouse on Wednesday — the technical start date of a special session meant for discussions about Hoosier economic relief and abortion — a swarm of pro-choice protestors gathered on the building’s steps.
Gov. Eric Holcomb said Wednesday he is calling lawmakers back to the Indiana Statehouse on July 6 to consider his plan to send $1 billion in refunds to Indiana taxpayers.
The Supreme Court ruled Tuesday that Maine can’t exclude religious schools from a program that offers tuition aid for private education, a decision that could ease religious organizations’ access to taxpayer money.
Indiana will see another increase in state gasoline taxes starting July 1 amid promises of inflation relief—including a proposal to issue direct payments to Indiana residents later this month.
Indiana will get $2.9 million from a nationwide settlement with a software company that misled users who filed their taxes through TurboTax.
Gov. Eric Holcomb announced a plan on Thursday to call a special legislative session at the end of June and propose that $1 billion in state reserves be returned to Indiana taxpayers.
Indiana’s governor said Wednesday he was preparing a plan to potentially tap into the growing state budget surplus to help residents with the national inflation jump, while rejecting calls for suspending state gas taxes.
Indiana Republicans aren’t showing signs of putting the brakes on rising state gasoline taxes even as the state government continues its streak of fast-growing tax collections.
The Indiana Tax Court has dismissed an appeal from an Indianapolis law office that was ordered to pay an outstanding liability after it mislabeled withholding tax returns in 2021, finding the court lacked jurisdiction in the case.
Hoosiers should expect to start receiving the promised one-time $125 automatic taxpayer refund in the coming weeks, Indiana Gov. Eric Holcomb announced Wednesday.
A man who failed to appear at two telephonic hearings for the appeal of his racetrack’s 2020 property tax assessment did not convince the Indiana Tax Court that a final determination against him should be overturned.
A seven-story, mixed-use development that makes up a large chunk of Indianapolis’ Massachusetts Avenue can keep its charitable exemption for the 2010 tax year despite opposition from the Marion County assessor, the Indiana Tax Court has ruled.
A plan for gradually cutting Indiana’s individual income tax rate over the next seven years has been signed into law by Gov. Eric Holcomb, the governor’s office announced Wednesday.
Indiana lawmakers gave final approval early Wednesday morning to a Republican tax-cut package that would gradually reduce state income taxes over the next seven years, but they failed to reach agreement on cutting the business personal property tax.
An American multinational ingredient provider that ran into trouble with the Indiana Board of Tax Review has secured a reversal from the Indiana Tax Court for its personal property taxes for the 2012 and 2013 tax years. However, it wasn’t as successful in its request for a refund after finding it overpaid for the 2011 tax year.
An Indiana Senate committee endorsed a tax proposal on Tuesday without the business and individual tax cut package potentially totaling more than $1 billion that the House approved last month.
Republican leaders in the House and Senate said from the outset of the 2022 legislative session that they didn’t see eye to eye on some of the highest-profile issues — and the Senate proved that last week when it stripped key provisions from several House bills.