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[s29] Sen. Delph: Senate Passes State Budget, Concludes 2013 Legislative Session
Start Date: 4/27/2013Start Time: 12:00 AM
End Date: 4/27/2013End Time: 11:59 PM
Entry Description

STATEHOUSE (April 27, 2013) — State Sen. Mike Delph (R-Carmel) lauded today’s passage of a new state budget that provides hundreds of millions of dollars in tax relief to Hoosier families. The two-year fiscal plan includes a 5 percent individual income tax cut phased in from 2015 to 2017 and provides increased funding for roads, child protection, K-12 and higher education. House Bill 1001 now awaits the Governor’s signature.

Delph served as a Senate adviser to the biennial budget negotiations. He applauded the efforts of his fellow lawmakers to make the budget  work for all Hoosiers.

“I am very proud of the hard work that went into crafting this honestly balanced budget,” Delph said. “Not only does this fund our priorities such as K-12 education and infrastructure, but it also boosts our reserves. This budget includes tax relief for hard working Hoosiers that will help Indiana continue to grow economically and secure financial stability for our future.”

Highlights of the honestly balanced budget include:

  •          Tax Relief and Job Creation:

o   Cuts individual income tax rate 5 percent (3 percent cut beginning in 2015 and another 2 percent cut beginning in 2017)

o   Eliminates state inheritance tax, retroactively effective to Jan. 1, 2013

o   Includes funding for vocational education and workforce development initiatives

  •          Education:

o   Increases K-12 funding by $333 million over the biennium (2 percent increase in FY 2014 and 1 percent increase in FY 2015)

o   Increases university funding by more than $100 million per year

o   Increases student aid by $75 million over the biennium

  •          Roads:

o   Increases road and infrastructure funding by $200 million per year and sets aside another $400 million over the biennium for future transportation needs

  •          Paying Taxpayer-Funded Debt

o   100 percent of excess surplus in FY 2013 goes to Pension Stabilization Fund

o   Pays back $91 million in charter school loan

o   Provides $215 million cash funding for university capital projects

In addition to the budget, Delph pointed out a few noteworthy bills that he authored during the 2013 legislative session:

  • Senate Bill 162 - Instructs the Indiana Economic Development Corporation (IEDC) to disclose more information about businesses that receive economic-development incentives, including projected outcomes and actual job creation.
  • Senate Bill 189 - Grants high-performing school districts and high schools regulatory relief from certain state education requirements, generating innovation in the classroom.
  • Senate Bill 564 - Allows veteran-owned small businesses to be eligible for a 15-percent price preference on state contracts for supplies.

“These bills were my main priorities this session,” Delph said. “By encouraging classroom innovation and supporting veteran-owned small businesses, Indiana continues to be a role model for other states in education and helping those who have served our country. Additionally, increasing transparency in the IEDC’s practices will help ensure that taxpayer money is used to create real jobs for our state. These are all provisions that will provide an excellent environment for Indiana to thrive.”

The Senate is now adjourned “sine die”— which signifies the end of the 2013 Indiana General Assembly.

Contact Information:
Name: Tracy Lytwyn
Phone: 317-234-9221
Email: tlytwyn@iga.in.gov
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Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • About Indiana
  • Agency Name
    Senate Republican Caucus

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