WBIW.com News - state

Brought to you by WBIW News and Network Indiana

Governor Set To Sign Refund, Inheritance Tax Changes

Last updated on Tuesday, March 20, 2012

(INDIANAPOLIS) - Governor Mitch Daniels is ready to sign off on a handful of changes to the state’s tax laws.

The governor is scheduled Tuesday to approve a rollback of the state's inheritance tax. The law will decrease the state's inheritance tax in stages beginning next year until it is eliminated after 2021.

He's also approving a requirement that the state hold more money in reserves before the automatic tax refund kicks in. Included in the measures is also more money for the victims of the state fair stage collapse and some changes to the state's education system.

One of the biggest remaining questions for Daniels is whether he will approve a measure allowing homeowners to use force when resisting police entry into their homes in some cases.

1340 AM WBIW welcomes comments and suggestions by calling 812.277.1340 during normal business hours or by email at comments@wbiw.com

© Ad-Venture Media, Inc. All Rights Reserved.

Click here to go back to previous page