Kokomo Tribune; Kokomo, Indiana

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March 11, 2014

Ind. House leader says business tax, preschool deals near

Indianapolis — The Indiana House speaker says the governor and legislative leaders have reached broad agreement on some of the biggest items being considered this session.

Republican Speaker Brian Bosma said Tuesday that a series of business tax cuts, an early childhood education program and spending for roads are all set to win approval before lawmakers finish work this week.

House and Senate negotiators are likely to approve cuts in the corporate and financial institutions tax along with allowing counties the choice to eliminate the state's property tax on business equipment for small businesses.

They are also close to approving a grant program that would pay for low-income children to attend preschool. Bosma says Gov. Mike Pence will likely get somewhere between $200 million and $400 million for transportation projects.

 

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