INSIDE INDIANA BUSINESS - Brinegar: 'Pretty Clear' Full Tax Cut Won't Pass

2014-01-28T12:04:00Z 2014-01-28T14:29:39Z INSIDE INDIANA BUSINESS - Brinegar: 'Pretty Clear' Full Tax Cut Won't PassGerry Dick Inside Indiana Business nwitimes.com
January 28, 2014 12:04 pm  • 

The president of the Indiana Chamber of Commerce does not believe legislation to eliminate Indiana's business personal property tax will pass this session. However, Kevin Brinegar says Indiana House and Senate committees have passed bills he believes are steps in the right direction. The House version would give counties the option to exempt businesses from the tax. The Senate bill provides an exception for companies with the lowest assessed valuations.

Weather Takes Bite Out of INDOT Budget

The Indiana Department of Transportation reports nasty winter weather causing major issues on state roadways has cost the state more than $31 million during the first 18 days of January. INDOT says during the past five years, full-year operation costs have averaged less than $34 million.

Lake City Reports Record Year

The parent company of Warsaw-based Lake City Bank is reporting record net income of $38.8 million for 2013, compared to $35.4 million the previous year. Lakeland Financial Corp. (Nasdaq: LKFN) says its $10.6 million profit for the fourth quarter is also a record.

Green BEAN Expands to Columbus

Indianapolis-based Green BEAN Delivery is entering another Indiana market. The grocery delivery company says it is expanding to Columbus. It is also partnering with Cummins Inc. (NYSE: CMI) to encourage the engine manufacturer's employees to eat healthier.

Donors Boost Hinkle Campaign in Plump's Name

A group of donors has come together to honor one of the most well-known basketball players in the state's history. The $50,000 gift for Butler University's Campaign for Hinkle Fieldhouse will result in a ramp at the historic venue being named in honor of Bobby Plump.

Fire Rips Through Fort Wayne Restaurant

Investigators are attempting to determine the cause of a fire that has closed an Asian restaurant in Fort Wayne. Our partners at 21Alive WPTA in Fort Wayne report the fire at the Paper Lantern raised concerns about nearby businesses. Read More and View Pictures From 21Alive WPTA

Frankfort Caterers at Super Bowl

A Clinton County business is back in the Super Bowl spotlight. A team from Shoup's Country Foods in Frankfort will manage crews from around 40 caterers during a VIP tailgate party before Sunday's big game. The Journal and Courier in Lafayette reports 11,000 people are expected to attend the pre-Super Bowl event.

'School Choice Week' Hits Indiana

Governor Mike Pence has proclaimed this week as Indiana School Choice Week. More than 165 events are planned throughout the state. The proclamation coincides with National School Choice Week efforts.

Bank to Sponsor Major 500 Festival Event

The 500 Festival Snakepit Ball has secured a new sponsor. KeyBank and Key Private Bank are backing the event, which is set for May 24. Organizers say this is the 11th year for the Snakepit Ball.

New Radio Station Hits Indy Airwaves

A Spanish language, Christian-based music station has launched in Indianapolis. Pescador Radio is part of Continental Broadcast Group LLC, which also operates Radio Latina and Exitos, two other Spanish stations in the market.

Former Coach Becomes College Trustee

A former Indiana Athletic Administrator of the Year has been elected to the Franklin College Board of Trustees. Carol Summers Tumey graduated from the college in 1963 and worked for 40 years at Center Grove High School in Greenwood, south of Indianapolis.

Good Samaritan Hospital Names VP

Good Samaritan Hospital in Vincennes has named Matt Schuckman vice president of operations. He has been with the hospital for 16 years, most recently as vice president of physician services.

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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