Pence to Sign Business Bills

Governor Mike Pence will sign two economic development bills Tuesday in Greenwood. They include a measure giving local governments the option to eliminate the business personal property tax. Proponents of the tax cut say it would remove a hurdle for job creation in the state. Many local government leaders say losing the revenue would put more stress on already cash-strapped communities.

You can view SEA 1 by clicking here.

You can view HEA 1035, which concerns regional economic development, by clicking here.

Pence will sign the bills at 11:00 a.m. as part of an Indiana Economic Development Corp. board meeting.

Source: Office of Indiana Governor Mike Pence