Business

Business
5:00 am
Wed March 18, 2015

Senate, House Sparring Over 'Double Direct' Tax

Simplying all the tax codes would have cost the state $250 million per year.
Credit Dave Dugdale / https://www.flickr.com/photos/davedugdale/

Legislators are taking another stab at streamlining the so-called "double direct" tax exemption for business.

Farms and manufacturers don‘t owe sales tax on equipment if it‘s directly used in production. The difficulty in interpreting that test prompted Governor Pence to make it a key element of his tax simplification bill.

But the House deleted the simplifications after analysts reported they would cost the state a quarter-billion dollars a year.

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Business
4:10 pm
Mon March 16, 2015

House Committee Passes 'Religious Freedom' Bill

Supporters of the bill gathered at the Statehouse Monday -- the same day the bill was heard in committee.
Credit Brandon Smith / Indiana Public Broadcasting

Opponents of the proposed Religious Freedom Restoration Act say it’s not about religious freedom, but about legalizing discrimination.

Proponents of RFRA say they’re worried about the government encroaching on their practice of religion.

But opponents say RFRA goes much further than simply protecting religious practices; they say it will allow private citizens to discriminate because of their religious beliefs. 

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Business
5:00 am
Tue March 3, 2015

Construction Wage Backers' Last Best Hope: Summer Study

The bill repealing the prevailing wage law has strong support from the GOP supermajorities in the Indiana House and Senate.
Credit Vegas Thornton / https://www.flickr.com/photos/vegast/395958569

The Indiana House easily approved legislation repealing the state’s common construction wage, and the bill’s support in the Senate looks strong.  So pushing the issue to summer study committee could be opponents’ best remaining hope.

Set by local boards, the common construction wage is a sort of minimum wage for public construction projects. 

Pete Rimsans is the executive director of the Indiana State Building and Construction Trades Council, a workers group leading the charge to keep the common wage. 

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Business
4:08 pm
Mon March 2, 2015

El Rodeo Owners To Serve House Arrest For Tax Scheme

The three men agreed to pay more than $4 million in restitution.
Credit Dave Dugdale / https://www.flickr.com/photos/davedugdale/

A Marion County Criminal Court Judge has sentenced the owners of the El Rodeo restaurant chain following their plea deals on theft charges.

Judge Stanley Kroh sentenced Francisco Salgado and Jose Melendez to 10 years with eight suspended and Abel Bustos to two years including one year probation Monday. The trio will serve the bulk of their time on home detention.

Still, their lawyer, Sean Hessler, says he’d hoped for slightly better sentences.

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Business
7:05 am
Thu February 26, 2015

Senate Passes Ron Alting's Beer-tripling Allowance

Indiana breweries would be able to manufacture and sell 90,000 barrels of beer each year, up from the current limit of 30,000.
Credit Bernt Rostad / https://www.flickr.com/photos/brostad/5053316697

The Indiana Senate Tuesday passed a bill that would allow Indiana microbreweries to manufacture more alcohol per year.

Sen. Ron Alting (R-Lafayette) says the amended legislation is the result of a compromise between alcohol wholesalers and microbreweries.

The bill allows small breweries to increase their annual production limit from 30,000 barrels per year to 90,000.

The other half of the bill requires breweries distribute that alcohol through a wholesaler if their production exceeds 30,000 barrels.

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