A Fountain Square group led by neighborhood business owners hopes to create an “economic improvement district” for the up-and-coming neighborhood, where additional tax revenue could be used for everything from litter cleanup and marketing to capital improvements.
Indiana voters have overwhelmingly approved a constitutional amendment that will make property tax limits more permanent.
Cuts in services, higher fees and consolidation of government units are possibilities, but advocates for the constitutional amendment say long-term certainty about property tax rates could benefit the economy.
A recent poll found that more than 60 percent of likely voters support the proposed constitutional amendment, and some of the measure’s biggest opponents have given up the fight.
A state lawmaker is pushing for a law that would allow Indianapolis’ public library system to get a share of local income taxes. But some already are balking at the concept, saying it would divert money from other agencies that need it.
Property tax caps—promoted as a way to relieve homeowners from skyrocketing property tax bills—have provided much more relief to a different group of taxpayers. Owners of rental properties and second homes got the lion’s share of assistance from the caps.
Gov. Mitch Daniels joined others in promoting passage of a referendum that would make property tax caps in Indiana part of the state constitution.
Two prominent groups that have fought against the statewide property tax caps championed by Gov. Mitch Daniels are going to sit out the November referendum on whether to put the limits into the state constitution.
The Indiana General Assembly finally adjourned its 2010 legislative session early Saturday with deals including a one-year
delay on unemployment insurance tax increases and aid for schools reeling from state budget cuts.
The impasse between the two parties over a delay in an unemployment-tax increase is expected to drag the legislative session
into the weekend. "Nobody is talking right now," says one legislator.
The proceeds will help more than 120 local government units pay their bills while they wait for their
property tax receipts.
The Indiana Senate has given final approval to a proposal that would allow voters to decide whether property tax limits belong
in the state constitution.
The Indiana Senate could give final approval Tuesday to a proposal that would allow voters to decide whether property tax
limits belong in the state constitution.
A final vote on the legislation is expected Monday. If the House and Senate pass the same resolution this session, voters
would decide in November whether to put the tax limits into the constitution.
The House could also advance a bill Thursday that would tighten lobbying and ethics rules in the General Assembly.
Indiana Democratic House Speaker Patrick Bauer isn’t predicting the fate of legislation that could lead to caps on property
tax bills being amended into the constitution.
Property-tax caps, unemployment insurance, ethics top list of issues awaiting General Assembly.
Indianapolis property tax bills, paid in two installments due in May and November, should be sent without delay for the first year since
2006.
High demand for ethanol in 2007 and 2008 sent commodity prices to a record level, which could make taxes spike.
Lawmakers are likely to pass property tax legislation, which would send it to a voter referendum in November and potentially
into the state constitution.
