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Posted: 4:23 AM Feb 16, 2012
Ind. Senate eyes money for schools, fair victims
The Indiana Senate is considering how to use some of the $320 million in tax revenue that state officials lost track of after collecting it.
Reporter: Associated Press Email Address: newscenter16@wndu.com |
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The Indiana Senate is considering how to use some of the $320 million in tax revenue that state officials lost track of after collecting it.
A proposal approved by the House last month would give $80 million to school districts toward the cost of full-day kindergarten and direct an additional $5 million to victims of last summer's Indiana State Fair stage collapse. The Senate Appropriations Committee has a public hearing on the bill set for Thursday.
The state has distributed $5 million among the families of the
seven people killed and those hurt in the collapse. That $5 million is the state's liability cap.
State workers last year discovered $320 million in corporate taxes that were collected over four years but not transferred to the state's general fund.
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