Governor Mike Pence will sign the two-year budget bill into law Thursday at an elementary school in Boone County. The $31 billion budget includes $480 million in additional K-12 funding. Wednesday, Pence signed a number of high-profile bills, including the Regional Cities Initiative and the repeal of the Common Wage law. May 6, 2015

News Release

INDIANAPOLIS, Ind. – Tomorrow, Governor Mike Pence will visit with Hoosiers in Clinton County where he will stop at Kramer Lumber in honor of Small Business Week, as well as Flavors Coffee House and Deli. Later in the afternoon, he will sign the biennial budget bill (HEA 1001) at Perry Worth Elementary School in Boone County. The biennial budget includes $480 million in new funding for K-12 education.

Source: The Office of Governor Mike Pence

May 6, 2015

News Release

INDIANAPOLIS, Ind. – Today, upon signing HEA 1019, the common construction wage repeal bill, the Governor issued the following statement. The legislation will remove the common construction wage statute and allow the market to determine wages.

“Wages on public projects should be set by the marketplace and not by government bureaucracy. By repealing the common construction wage, our state is putting hard-working taxpayers first, lessening the burden on cash-strapped local governments and schools, and opening doors of opportunity for small businesses across our state. This legislation is a great victory for hard-working Hoosier taxpayers, and I am pleased to sign it into law.

“I am grateful to the members of the Indiana General Assembly, especially Speaker Brian Bosma, Senate President Pro Tem David Long, Representative Jerry Torr, and Senator Carlin Yoder for their work on this legislation opening doors of opportunity for Hoosier small businesses and protecting the hard-earned dollars of Hoosier taxpayers.”

Source: The Office of Governor Mike Pence

May 6, 2015

News Release

INDIANAPOLIS, Ind. – Governor Mike Pence today signed HEA 1403, the Regional Cities Initiative, which creates a framework for neighboring communities to work together to promote economic development on a regional basis in order to attract talent and investment. The bill, which was part of the Governor’s agenda for the 2015 legislative session, also creates the Regional Cities Fund that will help leverage public and private investment in areas that will drive economic development. The Governor signed the bill at the Indiana Economic Development Corporation’s Board of Directors’ meeting today.

“Indiana is the best place to grow a business in America. To continue to attract new investment and talent across our state, we must grow locally and think regionally,” said Governor Pence. “The Regional Cities Initiative will encourage collaboration among Hoosier communities to develop ways to bolster investment, attract talent, and continue Indiana on a pathway to economic growth and success. I appreciate the efforts of the Indiana legislature to achieve this important legislation for the benefit of both Hoosiers and our economy as a whole.”

The Governor also signed a number of other agenda bills that are geared toward strengthening Indiana’s economy:

-HEA 1303, which provides highly-skilled professionals a voluntary alternative to licensing, eliminates arbitrary barriers to employment, and reduces costs for consumers by giving them the information they need to make better choices about services they buy and people they hire.

-SEA 441, to simplify the tax code, which will reduce the paperwork burden for Hoosiers and incentivize investment in Indiana.

-SEA 412, which requires electric utilities to file energy efficiency plans with the Indiana Utility Regulatory Commission in order to ensure more affordable and reliable energy for Hoosiers.

“As we look to the future of Indiana, it is imperative that we advance innovative ways to strengthen our state,” said Governor Pence. “The bills I signed today continue our work in this regard through less regulation, a simpler tax code, and more affordable energy for both Hoosiers and the businesses that operate in Indiana. I am grateful to the Indiana General Assembly for authoring and supporting these bills which will go far in growing Indiana's economy.”

The Governor also signed non-agenda bill SEA 436, which establishes a statewide exemption of business personal property taxes for taxpayers with less than $20,000 in assessed value in a county, eliminating the tax for 50 percent of all filers.

Source: The Office of Governor Mike Pence

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