INDIANAPOLIS (WISH) - Look for changes to be made in the proposal to give state assistance to the Indianapolis Motor Speedway.
The state Senate has approved a measure to give tax breaks of up to $100 million to Speedway owners over the next 20 years. The Speedway would have to contribute at least $40 million dollars to the deal.
House Speaker Brian Bosma, however, says he's working on a proposal that would involve less state support and more private money.
"We are looking for something that is more focused on the racing industry throughout the state rather than a specific facility," said Bosma, "while acommodating some of the needs, much more affordably, at the Indianapolis Motor Speedway."
Governor Mike Pence has also raised concerns about the Senate deal. A hearing on the Speedway proposal is still pending in a committee of the Indiana House.
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