National Bank Of Indianapolis Seeks To Install Steel Shutters At Downtown Location
Businesses in downtown Indianapolis suffered millions of dollars in damages as a result of last summer’s riots.
Banks in the area were among those that were hit hardest, and it’s why Jeff Hendrix of the National Bank of Indianapolis has petitioned the city’s Historic Preservation Commission for permission to install roll-down steel shutters on the windows of the company’s headquarters at the intersection of Market and Pennsylvania Streets near Monument Circle.
“It is not our intent to roll these down nightly but only as needed for civil unrest or severe weather,” Hendrix told the Commission during its February 3
One of the recommendations includes restricting the tax credit for College Choice 529 to households earning less than $150,000 a year.
Dr. Matt Will, UIndy, talked to Tony Katz Tuesday morning about what the 529 plan is and how every Hoosier should take advantage of it.
“529 Plan is you put money in and your basically creating an opportunity to send your kid to college and you get a tax break for it.
You don’t get a tax deduction, you get a tax credit. If you’re a Hoosier and you put in $5,000 in a savings account for your child, you get to reduce your state taxes by $1,000-it’s a 20% tax credit. You just write it off.”