The 2021 Indiana legislative session nearly snuck under the radar this year as our news cycle continues to be dominated by the COVID-19 pandemic. But there is much to unpack from this year’s session, including what tools the Indiana General Assembly made available for continued pandemic recovery. While a few new programs were created, legislators … Continue reading 2021 Indiana Legislative Update
This article originally appeared on thehill.com More than 140 small cities across America are worried that the federal Office of Management and Budget is about to hand them a demotion. Their anxiety stems from a group of technical advisers who proposed the office change the standard by which it measures what qualifies as a Metropolitan … Continue reading Small Cities Fret Over Feds Redefining Metro Areas
This article originally appeared on IBJ.com. An Indiana Senate committee has approved a controversial bill that would strip most of the zoning control for Marion County away from the city of Indianapolis. Senate Bill 392, authored by Republican Sen. Mike Young of Indianapolis, would give each township in Marion County—except for Center Township—its own board … Continue reading Senate committee approves bill to take away zoning control from Indianapolis
With property tax deadlines looming, Indiana property owners are looking for relief in the midst of the COVID-19 crisis. From payment extensions to potential assessment adjustments, there are options that could alleviate immediate financial obligations. Real property taxes payable in 2020 In Executive Order 20-05, Indiana Gov. Eric Holcomb officially extended the 2020 spring installment tax … Continue reading COVID-19 Relief for Indiana Property Owners
The federal government is making a lot of COVID-19 relief programs available. Where do I start, and how quickly do I need to act? It is a bit overwhelming, and new information is coming out every day. Take a deep breath, because KSM Location Advisors, with the help of Katz, Sapper & Miller, is working … Continue reading Paycheck Protection Program: What Should You Be Doing Now?
On March 27, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. While the sweeping legislation introduces a multitude of significant measures, the Paycheck Protection Program is a lifeline for small businesses, injecting capital when they need it most. However, the hallmark of the program is that the loans can … Continue reading CARES Act Introduces Forgivable Loans With Paycheck Protection Program
The unprecedented events in response to the COVID-19 pandemic are impacting every business in complex ways. Maintaining adequate cash flow to sustain successful operations is likely to elevate as a significant risk for many companies. However, there are tried-and-true processes that can help identify a potential cash crunch and maximize critical reaction time to avoid … Continue reading Managing Cash Flow in Times of Uncertainty
This article originally appeared in The Indiana Manufacturer. It’s no secret that Indiana has a highly competitive business environment backed by a state administration that is committed to growing existing and attracting new businesses. However, the businesses themselves often don’t understand what incentive programs are available to support growth plans. As one of the largest employment … Continue reading Incentive Tools for Indiana Manufacturers
This article originally appeared on insideindianabusiness.com. The economic divide in large cities continues to expand. Despite a financial resurgence following the 2007-2009 recession, the system wasn’t fixing itself. Enter Qualified Opportunity Zones (QOZ), a program included in the Tax Cuts and Jobs Act of 2017 designed to boost development in economically distressed communities. In exchange for new … Continue reading (i) on Economic Development: Opportunity Zones: Changing the Course of Real Estate Investment
Hello, and welcome to KSM Location Advisor’s annual Legislative Update! You’ll find detail after detail about what legislative actions the 2019 Indiana General Assembly took in the world of economic development. For example: Is the Venture Capital Investment Tax Credit finally transferrable? It is! Will data centers become more prevalent in Indiana because of important … Continue reading 2019 Indiana Legislative Update
