Governor Pence is expected to sign a bill repealing the common construction wage, which is a minimum wage for public construction projects.
Indiana revenues have missed the mark seven out of the last nine months, with March collections coming in about $18 million below expectations.
Tax revenues were just barely below projected levels in January, about $2 million off the mark.
Gov. Mike Pence’s proposed tax bill aims to simplify the tax code by, in part, eliminating more than two dozen tax credits.
Among the many provisions of Pence’s bill is a change to a sales tax exemption for Hoosier businesses.
People without coverage could pay a minimum penalty of $95 for each uninsured adult in their households.
The tax on business equipment generates $1 billion a year for local governments.
Indiana's House Speaker thinks it’s time to let the tax system settle.
The state is about $39 million below its projected revenue levels for this fiscal year.
A study from the Council on State Taxation reports that Indiana’s tax burden on businesses is the lowest of any of its neighbors.