House Republican Legislative Priorities Achieved
Session brings largest tax cut to Hoosiers in the history of Ind.
STATEHOUSE – Rep. Lloyd Arnold (R-Leavenworth) is pleased that the Speaker of the Indiana House of Representatives, Brian C. Bosma (R-Indianapolis), announced the end of session, or Sine Die on Friday evening, closing out a year of priorities achieved. The House Republican agenda, which was released in October, centered on making Indiana a stronger state for future generations, by focusing on fiscal integrity, job growth, and enhanced education opportunities for every Hoosier.
“Indiana is continuing to lead the nation in economic growth and gains in private sector jobs, and the legislation passed this session will reinforce our standing,” said Rep. Arnold. “Through responsible spending and carefully crafted legislation, Hoosiers will see additional tax relief to the tune of a billion dollars, allowing Hoosier’s to keep more of their hard-earned money instead of filling state coffers.”
The House Republicans’ “Own Your American Dream” plan focuses on three key concepts: financial security, matching Hoosier workers with high paying jobs, and making education investments.
Financial Security for Future Generations
Indiana is one of only nine states that has a AAA credit rating from all three credit agencies. Indiana holds a higher credit rating than the federal government, whose debt has now passed the $16 trillion mark for the first time in our nation’s history. That equates to more than $50,000 of debt for every man, woman and child in the U.S.
Bridging the Skills Gap
According to the Indiana Vision 2025 report published by the Indiana Chamber of Commerce, more than 930,000 Hoosiers lack even the most basic skills to thrive in today’s economy.
Designed to improve coordination, communication and vision for Indiana’s workforce training and career preparation systems, the ICC is a panel that will bring the principal stakeholders in the state’s workforce development efforts together to create a stronger plan to move Indiana forward. Members of the ICC will be charged with aligning the education skills and training provided by Indiana’s educational, job skills and career training systems with the existing and projected needs of the state’s job market. The legislation also puts into law a longitudinal data system to track the effectiveness of the state’s educational and workforce programs.
Leaders in Classrooms; Leaders in Life
“Excellent teachers are central to the success for young Hoosiers. Our state’s budget not only provided additional support to K-12 funding, restoring it to pre-recession level funding, but also directs funding to science, technology, engineering and mathematics [STEM],” said Speaker Bosma.
Currently, there are nearly two and a half STEM jobs for every one unemployed person in Indiana. Despite the economic downturn, these jobs have remained in demand, and will only increase as technology marches on. HEA 1001 creates a STEM Teacher Recruitment Fund and new stipend programs for teachers that are in high demand.
In Indiana, 61 percent of children (ages 3-4) are not enrolled in a preschool program. Only six states have a higher percentage of children not attending a preschool. The budget creates a Pre-K Matching Program. School choice was also expanded for students with disabilities, special needs, and siblings. There is no longer a requirement for students in failing school districts.
“It is important that we continue to build a strong economic environment for Indiana so current and future generations can prosper here. I am proud to be a part of the lawmaking process that will positively impact Hoosier families,” said Rep. Arnold.