Here’s a look at how key legislation fared in the Indiana General Assembly’s 2013 session, which ended early Saturday morning.
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Business
Rockport coal-gasification plant, Senate Bill 494: The bill requires a more stringent regulatory review of the project if a contract between the state and the $2.8 billion plant's developers is effectively voided in the courts, where it is under dispute. Supporters said this protects ratepayers while opponents said it could kill the plant and its jobs.What happened: The bill is headed to the governor for his consideration after the Senate approved it 43-7 and the House 70-28 in its final vote of the 2013 session.
Casinos and racinos, Senate Bill 528: The bill originally allowed live dealers at table games at racinos and let riverboat casinos build land-based venue on any land they already own. That passed the Senate, but the House balked, stripping the measure down to mostly tax breaks to help casinos compete.
What happened: The House version of the bill passed both chambers and is headed to the governor for action.
Indianapolis Motor Speedway, House Bill 1544: The bill (originally SB 91) began as a grant to the Speedway to finance improvements, with the state giving the track $5 million annually over 20 years to assist with bond payments. It was turned into a loan program, paid back by capturing the growth in sales and income tax revenue from the track, plus a ticket tax. The track also will have to put in $2 million annually for the bond payments. The bill also was broadened to make up to $5 million available annually for loans to other Indiana motorsports ventures.
What happened: It is awaiting action by the governor, after passing the Senate 39-11 and the House 60-37.
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Government and taxes
Budget, House Bill 1001: Gov. Pence wanted a 10-percent income tax cut over two years. Instead, he got a 5-percent cut over four years. The roughly $30 billion state budget cuts income, corporate, inheritance, and financial institutions taxes. It increases spending for education and transportation.What happened: The bill passed the House 70-30 and the Senate 39-11 and now heads to the governor.
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Other issues
Mass transit, House Bill 1011: A bill that would have allowed voters in Central Indiana to decide in referendums whether to expand mass transit was changed by the Senate to a summer study committee.What happened: The Senate approved it 39-11 and the House eventually concurred with that stripped-down version, 59-35. It’s now headed to the governor.
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http://www.indystar.com/apps/pbcs.dll/article?AID=2013304280023
