Indiana

8 DAYS AND COUNTING

By Abdul Hakim-Shabazz

Indiana House Democrats are offering up a one-percent constitutional cap on property tax assessments for homeowners. The proposal was unveiled today in a conference committee on HB 1001 which would cap property taxes.

The measure is in line with comments by Speaker Bauer earlier this week who said lawmakers may be trying to tackle too much this session in their efforts to reform property taxes. And he wanted to focus on relief for homeowners.

Statehouse Republicans held a news conference Thursday announcing sweeping property tax reforms. However a spokesman for House Democrats said they unveiled their plan in the committee because they felt it was the more appropriate forum.

Full post as published by Indiana Barrister on March 07, 2008 (boomark / email).