State Representative Bob Cherry reported to the Kiwanis Club
on the recently completed legislative session.
Cherry is the House Budget Sub-Committee Chair on the Ways and Means
Committee, a position that places him in charge of the main budget bills during
the session.
The biennial budget adopted provides:
·
An additional $215 million per year for state
and local roads and bridges.
·
2% increase in K-12 funding for 2014.
·
The largest tax cut in history by reducing
income tax by 5% , eliminating the inheritance tax, and reducing financial institutions
and corporate income taxes.
In addition to the budget Vocational education was enhanced
by the creation of the Indiana Career Council.
Another bill enhances the college and career readiness of graduating
high school students with college and career readiness assessment. The Farmland Tax Relief Act will save famers
an estimated $57 million is property taxes.
If you would like to contact Rep. Cherry he can be contacted
by email at H53@IN.Gov
or on the web at www.in.gov/h53.
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