Indiana GOP budget: School voucher expansion and tax cuts
1 year, 7 months ago

Indiana GOP budget: School voucher expansion and tax cuts

Associated Press  

INDIANAPOLIS — Indiana’s new state budget will expand eligibility for its private school voucher program to higher earners and speed up planned income tax rate cuts under a deal announced Wednesday by Republican legislative leaders. Republican Senate President Pro Tem Rodric Bray said many senators were concerned about the voucher expansion’s cost but that projected growth in state tax collections “provided some flexibility.” Porter, the top Democrat on the budget-writing House Ways and Means Committee, said the additional voucher spending will leave less money for traditional school districts and boosting the state’s lagging teacher pay, while benefiting wealthy families. SCHOOL FUNDING The Republican plan would leave about $650 million in additional money for traditional public schools and taxpayer-supported charter schools over the next two years. Republican House Speaker Todd Huston said he expected legislators would approve some actions to address those increases but acknowledged those wouldn’t reduce property tax payments owed this year to local governments and school districts.

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History of this topic

Pennsylvania Senate approves GOP’s $3B tax-cutting plan, over objections of top Democrats
7 months, 2 weeks ago

Pennsylvania Senate approves GOP’s $3B tax-cutting plan, over objections of top Democrats

Associated Press  

HARRISBURG, Pa. — Republican lawmakers on Tuesday advanced legislation for a $3 billion tax cut, their just-unveiled counterproposal to Democratic Gov. They also said it lacks any help for public schools, considering last year’s court decision that found Pennsylvania’s system of funding public schools violates the constitutional rights of students in poorer districts. People want a good quality of life, …

GOP leaders still can’t overcome the Kansas governor’s veto to enact big tax cuts
7 months, 3 weeks ago

GOP leaders still can’t overcome the Kansas governor’s veto to enact big tax cuts

Associated Press  

TOPEKA, Kan. — Republican legislators narrowly failed again Monday to enact a broad package of tax cuts over Democratic Gov. The state Senate voted 26-14 to override Kelly’s veto of a package of income, sales and property tax cuts worth about $1.5 billion over the next three years, but that was one vote short of the necessary two-thirds majority. Three …

GOP split dooms scaled-back Kansas ‘school choice’ plan
1 year, 7 months ago

GOP split dooms scaled-back Kansas ‘school choice’ plan

Associated Press  

TOPEKA, Kan. — Republican lawmakers in Kansas who say parents need alternatives to public schools couldn’t pass even a scaled-back version of the “school choice” plans enacted in other states with GOP-controlled Legislatures. Laura Kelly strongly opposed using state tax dollars to help parents pay for private or home schooling, and GOP conservatives had trouble winning over rural Republicans who …

Indiana sees big budget surplus jump as tax refund eyed
2 years, 5 months ago

Indiana sees big budget surplus jump as tax refund eyed

Associated Press  

INDIANAPOLIS — Indiana’s surging tax collections over the past year have pushed state government’s budget surplus up more than 50% to about $6.1 billion as legislators prepare to take up a proposal for a second round of refund payments from that surplus, state officials announced Friday. Some Republican legislators have raised concerns about spending reserves on refunds when inflation is …

Indiana lawmakers approve deal on multiyear income tax cut
2 years, 9 months ago

Indiana lawmakers approve deal on multiyear income tax cut

Associated Press  

INDIANAPOLIS — Indiana’s individual income tax rate would be gradually cut over the next seven years under a Republican-driven plan approved by legislators early Wednesday. The bill would cut the state’s current income tax rate of 3.23% to 2.9% in small steps until its planned full implementation in 2029 but not include some business tax cuts that faced resistance from …

Indiana governor endorses big cuts in income, business taxes
2 years, 9 months ago

Indiana governor endorses big cuts in income, business taxes

Associated Press  

INDIANAPOLIS — Indiana Gov. The governor’s proposal, however, would slow walk a cut in the state’s current individual income tax rate of 3.23% to 2.9% over much of the decade. Holcomb said he expects that trend of revenue growth will continue and “that the time is now to act on a tax plan that gives back to our growing business …

Prospects for Indiana tax cuts boosted by governor’s support
2 years, 10 months ago

Prospects for Indiana tax cuts boosted by governor’s support

Associated Press  

INDIANAPOLIS — Indiana legislators pushing for significant tax cuts are now getting some support from Gov. The governor has sided for months with state Senate Republican leaders reluctant to embrace major tax cuts, citing uncertainty about the economy despite recent big growth in state tax collections that led House Republicans to push a plan for broad business and individual tax …

Indiana tax cut plan hits wall with state Senate opposition
2 years, 10 months ago

Indiana tax cut plan hits wall with state Senate opposition

Associated Press  

INDIANAPOLIS — The prospects for major Indiana tax cuts dimmed further Tuesday as a leading state senator said he and other senators were “entrenched” in first paying down state debts. That comment came as the Senate’s tax committee stripped provisions from a House-endorsed bill that would have potentially cut more than $1 billion a year in various business and individual …

Indiana officials projecting big jump in budget surplus
3 years ago

Indiana officials projecting big jump in budget surplus

Associated Press  

INDIANAPOLIS — Indiana officials on Thursday projected booming growth in the state budget surplus, setting up a debate during the upcoming legislative session over possible tax cuts. Some members of the Republican-dominated Legislature were already pushing for tax cuts before the new projections as the $3.9 billion in cash reserves the state had this past June triggered Indiana’s automatic taxpayer …

State budget to include Ohio K-12 school funding overhaul
3 years, 5 months ago

State budget to include Ohio K-12 school funding overhaul

Associated Press  

COLUMBUS, Ohio — A bipartisan school-funding plan in the works for years is back in Ohio’s upcoming state budget, under a compromise approved Monday by a joint legislative committee working out final details of the $75 billion spending plan. The Republican-controlled House had included the education proposal known as the Fair School Funding Plan in its version of the budget …

GOP Ohio senators propose 5% tax cut as part of state budget
3 years, 6 months ago

GOP Ohio senators propose 5% tax cut as part of state budget

Associated Press  

COLUMBUS, Ohio — Ohioans would receive a 5% personal income tax cut and schools would gain more state funding under Senate Republican’s version of the upcoming state budget released Tuesday. The cut is a reward for people who are working, said Senate President Matt Huffman, a Lima Republican, who called it a “stimulus” in the best sense of the word. …

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