Hey John,

After a higher-than-expected revenue performance this fiscal year, Governor Holcomb announced a plan to pay $1 billion of state reserves back to Hoosier taxpayers.

Each taxpayer would collect about $225 in addition to $125 Hoosiers are currently receiving from the state’s automatic taxpayer refund. All told, each eligible Hoosier would receive about $350; a married couple filing jointly would receive about $700.

“Hoosiers have real needs right now during this period of high inflation, from the gas pump to buying groceries, and everyone should benefit from the state’s success” — Gov. Holcomb.

With a special session planned to be called before the end of June, we hope to be sharing more good news soon!

Thanks as always,

– Your Holcomb Crew