Indiana Statehouse Republicans have unveiled their budget for the biennium.  The more than $44 billion dollar spending plan includes the following…

  • The budget cuts individual income taxes to 2.7 percent by 2027 instead of 2029.
  • It increases school funding by $2 billion.
  • $1 billion for the school voucher program.
  • Increases the eligibility for Choice Scholarships to 400 percent free and reduced lunch.
  • Eliminates fees for textbooks and curricular materials.
  • Appropriates $50M/year for Community Mental Health (SB 1)
  • Appropriates $75M in FY 24 and $150M in FY 25 to support a public/private partnership approach to local public health services
  • Creates a $500M deal closing fund for the IEDC to pursue transformative economic development projects
  • Establishes a $150M revolving fund for site acquisition to complement the IEDC’s deal closing fund
  • Appropriates $1.25B in FY 23 to finish the remaining
    capital projects originally funded in the 2021 budget

You can view the budget highlights here.

You can hear House and Senate Republicans, as well Democrat State Rep Greg Porter in the Leon-Tailored Audio above.