surplus

Up to 50,000 checks can be printed per day, so the auditor’s office estimates it will complete mailing those checks in early October.

That tax rate will be 5.4 cents less than August’s record-high rate of 62.4 cents, a fluctuation that comes as Indiana’s 7% sales tax on gasoline is calculated monthly along with a set tax directed to road projects.

The majority of amendments proposed by Democrats during the second reading of the bill failed – including suggestions to make products such as diapers, formula and cribs exempt from the state’s gross retail tax and add extra money to incentivize companies to offer family and medical leave.

Republican Gov. Eric Holcomb and GOP legislative leaders have rejected calls from Democrats since March to temporarily suspend state gas taxes to aid residents amid the high national inflation rate.

Democrats have questioned the helpfulness of the state payments because of slow distribution and have pushed for suspending Indiana’s 62 cents-per-gallon in gasoline taxes.

Gov. Eric Holcomb said he agrees with legislative leaders who are reluctant to pause the state’s gas tax. But he said he’s planning on working with the General Assembly on inflation relief for Hoosiers.