Revenue
Governor frowns on gaming legislation
INDIANAPOLIS | Gov. Mike Pence declared Tuesday that a Senate-approved plan intended to make Indiana's casinos more competitive includes an expansion of gambling he does not support.
Region lawmaker to shape state budget
INDIANAPOLIS | For the first time since 2007, a Northwest Indiana lawmaker will play a significant role in deciding how the state spends some $30 billion over the next two years.
Senate votes to take gaming revenue from counties without casinos
INDIANAPOLIS | Counties without casinos would also lose some of their gaming tax revenue following a change made Thursday to legislation intended to help Indiana casinos make improvements to better compete with new casinos in neighboring states.
$30 billion Ind. budget wins committee approval
INDIANAPOLIS | The House Ways and Means Committee voted 16-7 Tuesday to send a two-year budget plan to the full chamber that increases spending on education and provides new funding for roads, but does not reduce the income tax rate.
Region governments lose money under revised gaming proposal
INDIANAPOLIS | Casino tax revenue paid to Northwest Indiana communities would be cut under legislation amended and approved by the Senate Appropriations Committee on Thursday.
Dermody's online sales tax plan survives bid to kill it
INDIANAPOLIS | A Northwest Indiana lawmaker's plan to require all online retailers collect sales tax from Hoosier customers starting July 1 remains intact after an attempt to scuttle the legislation was soundly defeated Thursday.
McDermott ups ante on Gary land-based casino
INDIANAPOLIS | After years of opposing Gary's legislative efforts for a land-based casino, Hammond Mayor Thomas McDermott Jr. is ready to endorse Gary's latest plan — so long as he gets a second casino for Hammond.
Oct. state revenue beats expectations
INDIANAPOLIS | Indiana beat its monthly revenue target in October, marking the third time in the first four months of the budget year state revenue has exceeded expectations.
Daniels proud of budget turnaround, urges continued prudence
INDIANAPOLIS | Gov. Mitch Daniels beamed like a high school senior on graduation day when he announced last week Indiana will have a budget reserve of more than $2 billion when his term ends in January.
Income taxes due Tuesday
INDIANAPOLIS | Tuesday is the deadline for individuals to file their 2011 federal and state income tax returns.
Indiana misses revenue target for second month in a row
INDIANAPOLIS | Indiana missed its revenue goal in February for the second month in a row, taking in $28.6 million less than projected.
State's inheritance tax on verge of being killed
INDIANAPOLIS | A House-Senate conference committee is expected to meet next week to devise a compromise plan to reduce or eliminate Indiana's inheritance tax.
Local governments soon may make longer-term investments
INDIANAPOLIS | Legislation sponsored by four Porter County lawmakers authorizing local governments to make longer-term investments is headed to the governor.
State revenue below expectations in January
INDIANAPOLIS | Indiana fell short of its state revenue goal in January for the first time this budget year.
Ind. lawmaker wants online sales tax to replace state inheritance tax
INDIANAPOLIS | The state would lose $165 million a year starting in 2020 if a proposal to eliminate Indiana's inheritance tax becomes law, but a top Senate Republican has a plan to replace that revenue.
Porter County tax distribution continues to improve
VALPARAISO | For the first time in the 19 years such records have been kept, Porter County has distributed revenue to the various taxing units without having to send out portions of the money in advance to ease the effect of delays.
Senator seeks to kill state inheritance tax
INDIANAPOLIS | A Republican state senator wants to pull the plug on Indiana's inheritance tax.
Early Christmas gift: Computer error nets state $320 million
INDIANAPOLIS | Indiana is $320 million richer after an audit found a business tax account whose revenue had not been transferred to the state's General Fund since 2007, due to a computer error.
Ill. gambling expansion threatens Hammond's $36 million casino tax revenue
HAMMOND | The city of Hammond's budget is boosted each year by about $36 million in casino tax revenue. That money is in danger after Illinois state lawmakers approved plans to build casinos in Chicago and its suburbs.
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