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Left unsaid in the story … maybe it’s been reported previously … why is there a concern about the legislation being rolled back?
Missed the hyperlink … apparently, the Apartment Owners organization is against it. Considering how they pretty much get what they want at the Statehouse, a valid concern… even though a foolish one…
I think that a surface lot tax would do a better job of maximizing downtown spaces than a blanket tax on Mile Square businesses. Land banking is a serious issue downtown; the tax itself would encourage development and the revenue could be used for cleanliness, support services, programming, etc.
Land banking by “non-profits” in downtown Indianapolis is massively out of control…
Non-profits are certainly some of the biggest offenders.
and the non-profits would not have to pay any of these taxes?
Shreve opposed it before he supported it? Kinda like his stance on guns.