You’re getting money back on your taxes.
Indiana finished the fiscal year two weeks ago with a nearly four-billion-dollar surplus.
A law championed by then-Governor Mitch Daniels caps the state surplus at one-eighth of spending.
If the state ends a two-year budget with more than that, half the extra money goes back to you.
Even after some legally required set-asides, that’s still a half-billion dollars that will go back to taxpayers, as a credit, on your tax return next year.
