INDIANAPOLIS (WISH) — Gov. Mike Pence signed the stateâ€™s jobs budget Wednesday.
The bill, called HEA 1001, is a historic tax relief in an effort to help Hoosiers keep more money in their pockets as well as make the state more competitive for new jobs.
The tax relief comes out to $600 million a year.
Pence said in a release the budget will also increase funding for schools - $190 million for K12 education - and $600 million for roads and infrastructure. The bill also says $25 million will be provided for Indianaâ€™s life sciences.
Copyright 2014 WISH TV. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Did you like this article? Vote it up or down! And don't forget to add your comments below!