INDIANAPOLIS—Today the Senate Tax and Fiscal Committee met to consider House Bill 1199, a bill that threatened to wholly repeal Indianapolis’s Economic Enhancement District (EED) established last year. After amending and passing the bill, the Senate Democratic Caucus members -- Senators Qaddoura (Tax and Fiscal [...]
INDIANAPOLIS—State Senator Fady Qaddoura (D-Indianapolis) released the following statement following the Senate Appropriations Committee today: "Senate Bill 52 is not a Republican versus a Democrat bill; this bill is just bad public policy. As the former CFO of the city of Indianapolis, I have a [...]
INDIANAPOLIS—Today, State Senator Fady Qaddoura (D-Indianapolis) joined city and community leaders to celebrate the groundbreaking of the Nickel Plate Trail. Last session, Sen. Qaddoura secured $60 million in state funding for the Next Level Trails. The city of Indianapolis matched $5 million to start the [...]
INDIANAPOLIS—Today, the State and Local Tax Interim Committee had its first meeting to review the Indiana's tax structure, by examining the near and long-term financial outlook and overall fiscal position. At the conclusion of the committee meeting, State Senator Qaddoura released the following statement, "I [...]
INDIANAPOLIS—Applied Energy Services (AES) Indiana recently requested a 13% rate hike for all customers, raising already-high energy bills for over 500,000 Hoosiers. State Senator Fady Qaddoura (D-Indianapolis) has called on the IURC to decline the request: “In its filing, AES cited ‘inflationary effects’ as its [...]
INDIANAPOLIS—Today, State Comptroller Tera Klutz held a press conference to report the 2023 fiscal year-end results for the state. Indiana ended FY23 with $2.9B in reserves. Budget Committee Member State Senator Fady Qaddoura (D-Indianapolis) released the following statement: “Indiana’s fiscal position remains strong, and the [...]
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