Bills Moving through the Legislative Process
The bill, would reduce personal property and corporate income taxes, but, in the Senate passed version, also eliminated the college donation income tax credit. IU was the leader among the higher education institutions testifying in support for continuation of the college donation tax credit. A conference committee report was passed by both Chambers that included provisions to reduce both personal property and corporate income taxes but the college donation tax credit elimination was not included in the final bill and remains in statute.
SB 91 State Educational Standards
The bill, which defines “college and career readiness,” would require the State Board of Education to adopt Indiana college and career readiness standards by July 1, 2014, voids the previously adopted set of standards, and requires a new assessment to be authorized to align with the new educational standards.