This week, the Senate passed House Bill 1001, commonly known as “the budget bill.” HB 1001 is Indiana’s two-year fiscal plan that funds the state’s most important needs, creating a strong foundation for Indiana’s economic future.
State Senator Randy Head said, “My colleagues and I are committed to continuing Indiana’s track record of responsible budgets that put taxpayers first and maintain our hard-fought reserve funds.”
The budget proposal is balanced with no tax increases to keep the state’s economy headed in the right direction. From the start of session, education has been their first priority for state spending. Head said, “This budget plan reflects that priority, with more than half of General Fund appropriations going to K-12 education.”
To view a PowerPoint presentation listing key highlights of the budget proposal, click here. A copy of HB 1001 can be found here.
