Indiana House moves to repeal unemployment insurance tax hike

INDIANAPOLIS – The Indiana House on Tuesday moved to repeal a tax increase on businesses to aid Indiana’s unemployment insurance trust fund while also passing a number of tax incentives and programs that could create jobs.

Republicans in the House and Senate had been seeking a one-year delay of the tax increase, which was expected to cost Hoosier companies more than $300 million this year.

But in a surprising move, House Democrats proposed rejecting the increase altogether and going back to the drawing board.