House GOP Unveils Budget Proposal

Posted: Updated:
The bill now moves to the Senate Appropriations Committee. The bill now moves to the Senate Appropriations Committee.
INDIANAPOLIS -

Rep. Todd Huston (R-Fishers) has unveiled the House Republicans' two-year state budget proposal. The caucus says the $34.6 billion spending plan includes funding increases for education, school safety and the Indiana Department of Child Services.

The proposal, which covers state spending for 2020 and 2021, would increase K-12 school funding by 4.3 percent, and also includes Governor Eric Holcomb's plan to use $150 million from the state's reserves to pay off a teacher pension liability. The governor announced the plan during his State of the State address and said it would save schools $70 million annually, and schools are being encouraged to use that savings to increase teacher pay.

House Republicans say the proposal will also provide $30 million a year for Teacher Appreciation Grants, $5 million for Teacher and Student Achievement Grants, and $1 million for the Teacher Residency Grant Pilot Program. The latter two programs are included in separate bills being considered by the legislature.

The Secured School Safety Grant Program will also see a funding increase of $5 million per yer to be used for student mental health, according to the proposal. The proposal would also fully fund the DCS with $286 million in new funding each year, which comes in addition to what Huston calls "major reforms" through administrative changes in House Bill 1006.

“Our conservative plan is responsibly balanced while funding key priorities and maintaining healthy reserves,” said Huston, who is the co-chair of the House Ways and Means Committee. “We continue to strengthen our commitment to Hoosier students and educators, and to those in the state’s child welfare system. Our budget also funds key workforce initiatives while promoting Career and Technical Education to better prepare Indiana’s next generation of Hoosier workers.” 

The House Ways and Means Committee passed the budget bill, House Bill 1001, on a party line vote. The bill now heads to the full House for consideration.

  • Perspectives

    • Investing Lessons from Mount Elbert

      With little mountain-climbing experience under any of our belts, a few friends and I decided to take on Mount Elbert, Colorado’s tallest mountain. While regular climbers may not consider this “Gentle Giant” a tall task, it was for us inexperienced climbers.  Is investing your “tall task”? If so, you can learn a lot from our experiences. And you won’t have to climb a mountain to do it!

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • ‘Potential’ Fueling Downtown Makeover in Fort Wayne

      As Fort Wayne prepares to christen its latest big downtown project, Mayor Tom Henry says there are no signs of transformational development slowing down in the state’s second largest city. The Landing, a $34 million downtown redevelopment project, is expected to officially open soon, one of an estimated 14 projects that Henry says can help Fort Wayne become a destination city. Since the opening of Parkview Field more than a decade ago, Henry says momentum has...

    • New study reveals best place in Indiana for young families

      And the Best Place for Young Families Goes To...

      What do you look for in a community when deciding where to start a family and raise your children? There can be several factors to weigh in making a sound decision. Housing affordability. Unemployment rates. Quality of education. Mortage website Lendingtree.com has released the results of a study pointing to the best places for young families in Indiana.

    • (image courtesy of WPTA TV)

      Indiana Plants Impacted by UAW Strike

      The United Auto Workers union, which totals approximately 49,000 workers at 33 General Motors Co. (NYSE: GM) plants nationwide, went on strike at midnight. The strike affects workers at GM plants in Fort Wayne, Bedford, Marion and Kokomo. The Fort Wayne plant, which assembles full-size pickup trucks, employs about 4,500 UAW workers. Our partners at WPTA-TV in Fort Wayne report several hundred were seen on the picket line throughout the day. In all, about 7,000 UAW...

    • Photo courtesy of Bristol Parks

      Startup Plans to Add 250 Jobs By 2021

      A metal forming startup is seeking to use a facility in Bristol that has been empty since 2017 for a major manufacturing operation. The Elkhart Truth reports Brinco will invest $52 million in the project and add 250 jobs.

    • Diamond K Sweets Fudge O'Bits

      Spencer Confectionery to be Featured on QVC

      Spencer-based Diamond K Sweets will feature their trademark product this fall on QVC. The company's Fudge O'Bits Holiday Bundle will soon be offered to QVC shoppers, which features its company's top  four selling flavors of fudge.