Gov. Pence Signs Bills that Affect Education, Taxes, and Tourism

By Emily Dwire
By Rachel Martin

May 11, 2013 Updated May 11, 2013 at 6:55 PM EDT

INDIANAPOLIS (www.incnow.tv) – Governor Mike Pence signs bills that will affect Indiana’s educational system and tourist attractions.

Indiana Governor Mike Pence has signed a bill that will "pause" the state's adoption of a national set of school standards in reading and math education.

According to reports, Pence signed education bill HEA 1427 on Saturday, which requires a comprehensive review of the common core state standards.

In a statement Pence says the law, "hits the pause button on common core so Hoosiers can thoroughly evaluate which standards will best serve the interest of our kids."

The State Board of Education must make a final decision on Indiana’s academic standards before July 1, 2014.

Gov. Pence also signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway (IMS) for planned improvements.

The governor says the loan is a state investment that will further the economic development in the motor-sport industry, while also protecting the interests of Hoosier taxpayers.

He also says the speedway has contributed to Indiana’s economy for more than a century, and has enhanced the state's "global reputation."

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