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State Senator Tom Wyss
State Senator Tom Wyss
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Updated: Monday, 22 Oct 2012, 5:48 PM EDT
Published : Monday, 22 Oct 2012, 5:48 PM EDT
INDIANAPOLIS, Ind. (WANE) - Indiana Senator Tom Wyss, of Fort Wayne, was recognized by the Aviation Association of Indiana as "Legislator of the Year" at the AAI's annual conference in Plymouth, Indiana.
Wyss introduced the Transportation and Logistics Income Tax Credit in 2012 to provide a 25 percent credit for new expenditures related to projects that would bolster Indiana’s economy and improve its transportation and logistics industries.
The bill passed the Senate with a 49 to 1 vote but failed to move through the House of Representatives.
“My goal for the tax credit was to encourage further expansion of Indiana’s advantages in the transportation and logistics industries,” Wyss said. “Logistics alone is currently a $10 billion industry in our state, employing approximately 300,000 Hoosiers. Indiana’s central location also places two-thirds of the U.S. population within a day’s drive of us. We must have a tax system that uses these advantages to their fullest potential.”
Wyss also serves as chairperson of the Senate Committee on Homeland Security, Transportation and Veterans Affairs as well as the Joint Study Committee on Transportation and Infrastructure Assessment and Solutions.
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