This blog has covered several different pieces of legislation that will be impacting Indiana Business. This week, two more bills have moved through the Ways and Means committee.

A recent news release from the Indiana House of Representatives Republican Caucus broke down the two bills. One is a plan to improve business personal property tax and another which allows businesses in central Indiana to put expansion or upgrades to mass public transit up for referendum.

The goal of these bills is to improve the competitive edge. This would result in attracting new jobs and business investment to the state. There were some amendments to the tax bill, which will allow each county to decide if they want to exempt new investments on business equipment from the personal property tax. This case-by-case power could turn it into a power economic development tool.

"House Republicans believe that communities should have the ability to choose for themselves whether the elimination of this tax on capital investment is the right decision for their county and its residents," Ways and Means Chairman Tim Brown said in the release. "We want local governments to have more freedom and the ability to attract companies so more Hoosiers can find rewarding employment opportunities."

He added that Indiana has made great strides recently to improve the state's business climate. However, the state cannot stand still if it wants to keep growing this business.

Aside from the law, there are a number of different ways that organizations can improve operations through the use of business management software.