State Revenue
Pence signs two-year Indiana budget
INDIANAPOLIS | Republican Gov. Mike Pence on Wednesday signed into law Indiana's $30 billion, two-year state budget that keeps spending increases below the inflation rate and provides Hoosiers more than a billion dollars in tax cuts.
New Illinois casinos could bust Indiana's budget
INDIANAPOLIS | The ink is barely dry on Indiana's two-year state budget legislation, but the potential for new Illinois casinos is threatening to throw the Hoosier spending and tax cut plan out of balance.
April state revenue tops prior year's total
INDIANAPOLIS | State revenue rebounded last month following a disappointing February and March that saw Indiana's tax receipts dip below 2012 levels.
Pence claims tax cut victory
INDIANAPOLIS | Gov. Mike Pence showed no signs of disappointment Monday despite having failed to persuade the now-adjourned General Assembly to adopt his oft-touted plan cutting the state's income tax rate by 10 percent.
Pence backing off fight for tax cut
INDIANAPOLIS | Gov. Mike Pence received the optimistic state revenue forecast he's been counting on since January to show Indiana can afford his $500 million income tax cut, but instead of celebrating, Pence seemed more interested in compromising.
Revenue forecast set to shape budget debate
INDIANAPOLIS | The leader of the Indiana Senate claims to believe education policy debates, and not the budget, will dominate Statehouse discussions over the next two weeks as the 2013 session of the General Assembly races toward adjournment.
Weak March state revenue can't top 2012 levels
INDIANAPOLIS | Indiana's second full month under the administration of Republican Gov. Mike Pence produced the state's worst monthly revenue result in nearly a year.
Pence 'confident' he'll get income tax cut
INDIANAPOLIS | Republican Gov. Mike Pence remains "hopeful" and "confident" state lawmakers will approve his proposed income tax cut, despite blunt hints from Republican legislative leaders that it's not going to happen.
Indiana falls short of February revenue goal
INDIANAPOLIS | Indiana remains on track to end its 2013 budget year on June 30 with a surplus, but if February's lackluster state revenue continues into subsequent months it won't be much of one.
Pence may use TV ads to pressure Legislature on income tax cut
INDIANAPOLIS | Gov. Mike Pence hasn't ruled out spending his campaign funds on television ads to garner support for a proposed income tax cut the Indiana House refused to include in a two-year state budget plan it approved Tuesday.
State budget wins Indiana House approval
INDIANAPOLIS | The Indiana House approved late Monday night a two-year state budget that increases funding for education and roads, but does not include an income tax cut or account for scheduled reductions in federal spending.
House Republicans dodge vote on governor's tax cut
INDIANAPOLIS | House Republicans used a procedural maneuver Thursday to avoid having to vote against Republican Gov. Mike Pence's proposed income tax cut.
Speedway tax giveaway zooms through Senate
INDIANAPOLIS | Gentlemen, start your bailout.
House budget spends more than Pence wants, no tax cut
INDIANAPOLIS | The House Republican budget chief will unveil a two-year state spending plan Friday that does not contain a tax cut and spends more on education, roads and services for the needy than recommended by Republican Gov. Mike Pence.
IRS delay temporarily boosts state revenue above forecast
INDIANAPOLIS | An Internal Revenue Service delay in accepting income tax returns slowed payments of Indiana tax refunds last month and pushed state revenue well above expectations.
Dermody plan moves up start date for online sales tax collection
INDIANAPOLIS | Online retailers, including web giant Amazon.com, would be required to collect sales tax from Indiana customers starting July 1 under legislation approved by a House committee Thursday.
Senate leader sees tough road ahead for gaming changes
INDIANAPOLIS | The leader of the Indiana Senate threw cold water Thursday on the idea that the unanimous committee vote for a proposal changing taxes and other rules affecting the state's casino industry guarantees the full Senate will approve the legislation.
Holiday shoppers boost Indiana sales tax revenue
INDIANAPOLIS | Hoosiers hitting the shopping malls last month helped propel Indiana's sales tax revenue to its best year-over-year monthly percentage growth since June.
Competition cause of predicted drop in Indiana casino tax revenue
INDIANAPOLIS | The latest state revenue forecast projects Indiana tax receipts from riverboat casino bets will decline over the next two years by $41.4 million, a 9 percent drop, due to competition from new casinos in Ohio.
Indiana revenue forecast projects modest growth
INDIANAPOLIS | State revenue is projected to grow an average of 2.55 percent a year during the two-year budget period that begins July 1, giving state lawmakers and Republican Gov.-elect Mike Pence choices they and Republican Gov. Mitch Daniels didn't have during recent lean budget years.
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