Legislative Leaders at the 20th annual Bingham McHale Legislative Conference

Conference attendees heard from Rep. B. Patrick Bauer (D), House Minority Leader; Rep. Brian C. Bosma, Esq. (R), Speaker of the House; Sen. Vi Simpson, Esq. (D), Senate Minority Leader; and Sen. David Long, Esq. (R), President Pro Tempore. Among the hot topics discussed were right-to-work legislation, a statewide smoking ban, and school vouchers.

Scratching a Seven-Year Itch: IRS Allows Faster Depreciation of District Cooling Property

As first appeared Nov. 15, 2011, on the International District Energy Association Website IRS finding allows depreciation up to 70% faster than comparable property In a major win for district cooling systems, the Internal Revenue Service found in a private letter ruling that a district cooling system could be depreciated over seven years. The IRS issued the private letter ruling to a power company whose subsidiary owns a district cooling system consisting of three plants, the underground network of…

Charity Gaming Study Committee to Hear Testimony on Licensing and Regulation

The Indiana General Assembly’s Charity Gaming Study Committee has announced that it will be meeting on October 18 and October 25 to conduct hearings on topics assigned to it by the Legislative Council.  The meeting on the 18th will include a charity gaming overview presentation by the Indiana Gaming Commission.  The Committee will also hear testimony and consider issues related to the licensing and regulating of national organizations and their affiliates.  It is anticipated that the committee will…