Daniels urges optimism during State of State address
Governor acknowledges the economy has been taking a toll on state government and the lives of many Indiana residents.
Governor acknowledges the economy has been taking a toll on state government and the lives of many Indiana residents.
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.
The Indiana House approved legislation aimed at putting caps on property tax bills into the state constitution and also a bill that would tighten lobbying and ethics rules.
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.
What changed over the last year to make House Democrats so eager to allow Hoosier voters to amend the property-tax caps
into the Indiana Constitution? The calendar.
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.
Indianapolis property tax bills, paid in two installments due in May and November, should be sent without delay for the first year since
2006.
About the only certainty for the upcoming legislative session is that it will be over in March.
Bills aimed at placing caps on property tax bills to the state constitution are now before both chambers of the Indiana General
Assembly.
A group of mayors led by Tom Henry of Fort Wayne and Greg Ballard of Indianapolis is seeking new sources of revenue to replace
the millions they’ll lose because of property tax caps.
Bills aimed at adding caps on property tax bills to the state constitution and delaying increases on unemployment insurance
taxes are now before the full Republican-controlled Senate, weeks before the entire Legislature convenes on Jan. 5.
If approved by the full Legislature during the session that gets under way in earnest in January, voters would decide whether
the caps should be constitutional.
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 association representing 470 cities and towns wants lawmakers to pass legislation that would give municipalities the authority
to adopt local option income taxes.
Property owners in Indiana are expected to save more on their tax bills in the next two years than originally predicted
because of caps on property taxes.
The solution to the property tax fiasco that swept Republican Mayor Greg Ballard into office in 2007 is making his job harder, and
it could lead to his undoing.
Stimulus talk continues to dominate discussion at the Indiana Statehouse, creating indecision for lawmakers who were supposed to be devoting their full attention to assembling a two-year budget under difficult economic circumstances.
Soaring property taxes were arguably Indiana’s biggest problem in 2007. In 2008, the Legislature approved property tax caps
as a solution. But because the caps haven’t been implemented, debate is still raging over the consequences the caps will have
for local governments and whether they should be made permanent.
Property tax reform is now Indiana law. Hoosier homeowners are thrilled. But many corporate leaders grumble the historic deal was brokered on the backs of business. Topping their concerns is the new 3-percent property tax cap for commercial and industrial properties, which they fear will slow business expansions and discourage companies from moving headquarters to the state.