Indiana Fiscal Policy Institute Fiscal Notes, Jan. 9, 2022: General Assembly Week 1 in Review
House plan cuts personal income, business property taxes The first week of the Indiana General Assembly wasted no time tackling some contentious issues – from the rights of employers to protect their workplaces from COVID vaccines to the rights of parents to opt out of classroom lessons on diversity and equity. In the opening day edition of Fiscal Notes, we highlighted a different kind of debate shaping up among Governor Holcomb, House GOP leaders and their Senate supermajority counterparts: Is it time for permanent tax cuts as the state surplus swells towards $5 billion by the end of June? Or do…
2021 session recesses after passage of state budget with overwhelmingly bipartisan support
A new Indiana state budget passed both the House and Senate with overwhelmingly bipartisan support Thursday, prompting legislators to end the session praising one another and cheering like kids on the last day of school as they walked out of their chambers for the last time this spring. “It benefits every community across all of Indiana,” said House Speaker Todd Huston, R-Fishers, of House Bill 1001. “Now we grow. Now we invest. This is our time.” The $37.4 billion budget, ordinarily passed along party lines, instead saw support from both the supermajority Republicans and Democrats, with just five no votes—two Republicans…