DeLaney applauds withdrawal of misguided pension bill from Ways and Means agenda

Earlier this week, Rep. Ed DeLaney (D-Indianapolis) called for the withdrawal of House Bill 1008, a pension bill, from consideration. Today, he issued the following statement in response to the being withdrawn from today's House Ways and Means Committee agenda:

“I am pleased that House Bill 1008 has been withdrawn from our consideration today. This bill could cost INPRS 16% of its holdings while protecting some industries. The bill should never see the light of day. It's encouraging that my Republican colleagues are beginning to recognize how foolish it would be to hurt companies with bright futures for the sake of propping up companies on the decline.”