Indiana News

House Lawmakers Advance Pair of Pence Measures

INDIANAPOLIS (AP) _ The Indiana House of Representatives has given unanimous approval to two of Republican Gov. Mike Pence's top priorities for 2014.

 

The House voted in favor of measures increasing personal income tax exemptions and establishing an adoption tax credit. Both measures won broad bipartisan support Monday shortly ahead of a key midterm deadline for lawmakers.

 

The income tax plan would automatically increase tax exemptions based on the consumer price index, saving individuals between $16 and $18 more in taxes each year. It also increases the child tax credit $500.

 

The adoption proposal would create a state tax credit for families that qualify for an existing federal tax credit promoting adoption. It also establishes a study committee that would examine ways to promote adoption.

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Indiana News Service