Holcomb proposes $225 taxpayer payments amid high inflation

By RICK CALLAHAN

INDIANAPOLIS (AP) — Indiana's governor is proposing a plan to send $225 in payments to Hoosier taxpayers to provide them with relief amid the worst inflation in 40 years by tapping into the state's growing budget surplus.

Gov. Eric Holcomb said Thursday he would call for a special legislative session before the end of June so legislators could take action on his proposal, which would provide the payments under Indiana's automatic taxpayer refund law.

Hoosier taxpayers began receiving $125 payments last month under that law.

If lawmakers approve his new plan, Holcomb said each eligible Indiana resident would receive a combined total of about $350 in payments, with a married couple filing jointly receiving about $700.