State Senate committee to vote Tuesday on tax bills

The Indiana Senate Tax and Fiscal Policy Committee plans to vote Tuesday on bills to cap property taxes and delay unemployment
insurance tax increases.

The panel already has held one hearing on the measures to get a start on them before the
Legislature convenes Jan. 5.

The committee will vote on a resolution that would place limits on property tax bills
in the state constitution. If approved, it would be eligible for action by the full Senate when the session begins in earnest.
Voters also would have to approve the caps next November.

The other bill would delay increases on taxes that employers
pay into the unemployment insurance fund by one year to 2011. Senate Republicans say tax increases on employers in the current
economy would lead to layoffs.