The Republican plan would allow local governments to eliminate a tax on purchases of new business equipment.
Andy Jacobs, Jr., died this weekend in his Indianapolis home.
The money comes from corporate tax collections found by the state last year after a software error failed to deposit it into the state’s general fund.
The state’s $28 billion budget has cleared its first hurdle.
The House Ways and Means Committee has begun consideration of a measure which aims to save school corporations money on health insurance.
The state of Indiana is once again changing the way it calculates its economic forecasts.
Governor Daniels' proposed budget flatlines almost all spending and cuts money to schools and higher education.