— A package of business tax cuts is on its way to negotiations between
Indiana House and state Senate lawmakers following a party-line vote in
The Senate voted
33-15 Tuesday to advance the package, sending it to a conference committee
of House and Senate members. House and Senate Republicans have agreed
broadly on eliminating the state's business equipment tax for small
businesses and creating local "super abatements" for some manufacturers.
A few key
sticking points remain between the two sides. House Republicans would like
to give county leaders the option of eliminating the equipment tax
Gov. Mike Pence
started the session seeking a complete elimination of the equipment tax.
But he later scaled back his request amid concern from local leaders who
stood to lose $1 billion.