Statement as issued Thursday by Indiana Chamber of Commerce President and CEO Kevin Brinegar:
“The new state budget has a strong focus on jobs and economic growth, putting additional investments into education and workforce development while also making important tax cuts.
“Trimming the individual income tax rate by 5% will not only benefit working Hoosiers but also many of the state’s smallest business owners.
“It was particularly important to see some K-12 funding restored (cut during the last budget process) and more dollars targeted for our highways and infrastructure system.
“Meanwhile, the immediate elimination of the inheritance tax is long overdue and will lift a significant burden off of small, family-owned businesses.
“We commend House and Senate leaders, the governor’s office and all those who got the budget to where it is – fiscally sound and including a wide variety of positive provisions for Hoosiers.”