The state has $6.1B in reserves. What will lawmakers do with it?

Lawmakers are preparing to return to the Statehouse next week for a special session that will focus on two key issues: abortion and how to spend some of the state’s $6.1 billion the state has in reserves.

That's right—$6.1 billion. That huge balance in the state's reserve accounts is the result of higher than expected tax receipts as well as pandemic relief money the federal government sent to the state. Gov. Eric Holcomb wants lawmakers to send some of that money back to Hoosiers in the form of $225 tax refund checks.

In this week's podcast, IBJ Editor Lesley Weidenbener—in for vacationing host Mason King—talks about the upcoming session with Peter Blanchard, IBJ’s new Statehouse reporter, and managing editor Greg Weaver, who has spent much of his career writing about and editor reporters who cover politics.

The IBJ Podcast is brought to you by Taft.

 

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