Pres. Brinegar Offers Chamber’s Reaction to State Budget Deal


Earlier today, Indiana House Speaker Brian Bosma and Indiana Senate President David Long announced a deal had been reached on House Bill 1001, the two-year state budget. Indiana Chamber of Commerce President and CEO Kevin Brinegar reacts to the budget provisions:

"The new state budget has a strong focus on jobs and economic growth, putting additional investments into education and workforce development while also making important tax cuts.

"Trimming the individual income tax rate by 5% will not only benefit working Hoosiers but also many of the state's smallest business owners.

"It was particularly important to see some K-12 funding restored (cut during the last budget process) and more dollars targeted for our highways and infrastructure system.

"Meanwhile, the immediate elimination of the inheritance tax is long overdue and will lift a significant burden off of small, family-owned businesses.

"We commend House and Senate leaders, the governor's office and all those who got the budget to where it is — fiscally sound and including a wide variety of positive provisions for Hoosiers."

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