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AUDIO RELEASE: Unstudied tax measure passes amid local impact concerns
Start Date: 3/4/2014 All Day
End Date: 3/4/2014
Entry Description

NEWS RELEASE

For Immediate Release                                                              Media Contact:

March 4, 2014                                                                           Elise Shrock, 317-232-9496

                                                                                                Phil Johnson, 317-232-9404

                                                                                                Sean Mobley, 317-232-9507

Unstudied tax measure passes amid local impact concerns

INDIANAPOLIS—On Tuesday, a measure that would cut the corporate income and business personal property tax cleared the Indiana Senate by a vote of 33-15. Senate Democrats expressed serious concerns with enacting a proposal that would potentially cost the state hundreds of millions of dollars annually without first thoroughly studying the impact on local governments and schools. They pointed instead to investing in early childhood education, an investment that would have long-term economic development benefits and help develop tomorrow’s skilled workforce.

Senate Democratic Leader Tim Lanane (D-ANDERSON): “I voted today against House bill 1001 which allows major tax breaks…” http://www.in.gov/legislative/senate_democrats/files/audio/Lanane.HB1001.030414.Priorities.MP3

(Length: 00:33)

STATE SENATOR JOHN BRODEN: “I am very concerned about the tax shift. It cuts property taxes for businesses, but then it increases property taxes on individual homeowners …” http://www.in.gov/legislative/senate_democrats/files/audio/Broden.HB1001.TaxRevLosses.MP3

(Length: 00:35)

House Bill 1001 will now be returned to the original author of the measure to consider changes made by the Senate.

Sen. Broden represents Senate District 10, which includes the cities of South Bend and Mishawaka, and portions of Portage, Penn, Centre and Clay townships in St. Joseph County. For more information on Sen. Broden, visit www.IN.gov/s10.

###

NOTE: A photo of Sen. John Broden can be downloaded at http://www.in.gov/legislative/senate_democrats/images/headshots/Broden.jpg.

Contact Information:
Name: Elise Shrock
Phone: 317-232-9496
Email: elise.shrock@iga.in.gov
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Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • Government
  • Agency Name
    Senate Democratic Caucus

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