Indiana

Details. Details? Details!

By Abdul Hakim-Shabazz

I’m hearing some more details out what Indiana lawmakers will propose tomorrow to deal with the Capital Improvement Board’s operational issues.  Here’s what it looks like now, but please note, this could change.

• Pacers contribution decreases by $5 million.
• Colts contribution increases by $5 million.
• A 100 percent increase in the excise tax on alcohol which would generate about $40 million statewide, $8 million of which would go to the CIB.
• An increase in the admissions tax, as well as food and beverage taxes in Marion County.
• $10 million in “efficiencies” from the CIB.
• An expansion of the downtown sports district to include the new Marriott hotel.

That’s what I’ve been told so far.  Remember this is a very fluid situation and could still change.

Full post as published by Indiana Barrister on April 01, 2009 (boomark / email).