NewsPublic Affairs / December 16, 2015

Lawmakers Like Possibilities Of Regional Cities Initiative, Less Enthusiastic About Handing Over More Money

The General Assembly allocated $84 million – taken from the Tax Amnesty program – to award $42 million each to two regions in the Regional Cities Initiative. But the Indiana Economic Development Corporation and Gov. Mike Pence instead chose three winners, declaring their intent to ask the legislature for more money from tax amnesty to pay the full $42 million to all three regions.Mike Pence, Indiana Economic Development Corporation, Brian Bosma, Regional Cities Initiative, Brandt Hershman2015-12-16T00:00:00-05:00

INDIANAPOLIS -- Lawmakers say they’re excited about the transformative effect the state’s Regional Cities program can have in linking communities and fostering economic development.  But some are less enthusiastic about simply handing over more tax amnesty money to pay for it.

The General Assembly allocated $84 million – taken from the Tax Amnesty program – to award $42 million each to two regions in the Regional Cities Initiative.  But the Indiana Economic Development Corporation and Gov. Mike Pence instead chose three winners, declaring their intent to ask the legislature for more money from tax amnesty to pay the full $42 million to all three regions.  Buck Creek Republican Sen. Brandt Hershman says he supports that effort.

“If they have put together some tremendous proposals – which it appears that they have – this looks to me to be a good investment,” Hershman said.

House Speaker Brian Bosma says he was surprised to hear three regions were chosen and that a phone call from the Pence administration would have been appreciated.

“You know, the governor and the administration, really – not just the governor – have set it up so that there’ll be disappointment if we don’t do it…and so we’ll just have to have the conversation,” Bosma said.

He says road funding – which could carry a significant price tag – will be his caucus’ top priority.

 

 

Related News

Weekly Statehouse Update: Cold Beer Sales Dead, CBD Gains Momentum
Bill To Raise Child Limit For Foster Families Sent To Senate
Last Week At The Statehouse: Sunday Sales, State Of The State