AP logo

10 minutes ago

INDIANAPOLIS — All Indiana taxpayers would be eligible for $200 rebate payments from the state’s surging budget surplus under an apparent deal reached among Republican legislators.

Those payments will be less than the $225 refunds that were originally proposed by Republican Gov. Eric Holcomb but the deal represents a concession from GOP senators who were reluctant to go along with that plan.

The plan endorsed Thursday in a largely party-line vote by the Indiana House will dedicate about $1 billion from the state’s record $6.1 billion in cash reserves toward the rebate payments. It also will direct $1 billion toward a state teacher pension fund’s future obligations.

Copyright © 2022 by The Associated Press. All Rights Reserved.

Related Topics

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Reign Disick Orders Mom Kourtney Kardashian To “Stop Making Out” With Travis Barker: “Didn’t You Just Have A Baby?”

Reign Disick, the third child of Kourtney Kardashian and Scott Disick, first…

These baffling design fails make absolutely zero sense

By Ellen Coughlan For Mailonline Published: 02:43 EDT, 18 July 2024 |…

How Simone Biles Could Make History At The 2024 Olympics

Believe it or not, there are actually a handful of records that…

Biden Campaign Going Lower and Lower

Democrats are, as you might imagine, in full-blown panic about not just…