Senate Bill 1, which previously carried Gov. Mike Braun’s ambitious property tax relief plan, was pared down significantly in committee following outcry from local government leaders.
The bill would reduce property taxes—and therefore reduce local government revenue—by about $1.4 billion over three years, according to the bill’s fiscal plan.
Gov. Mike Braun says the amended proposal has a long way to go before it gets his signature.
The Indiana Legislature’s fiscal policy leaders heavily cut down a bill carrying Gov. Mike Braun’s ambitious property tax plan Tuesday morning.
Gov. Mike Braun’s proposal would cap annual increases on property taxes for all property types at 3%.
In his first State of the State address, Indiana Gov. Mike Braun on Wednesday doubled down on several of his campaign promises, focusing heavily on economic issues.
House Republicans also introduced a slew of bills addressing trademark issues such as education, housing and health care.
Property tax reform, Medicaid adjustments and water withdrawals are among the top priorities of the Indiana Senate Republicans’ 2025 platform, party leaders announced Wednesday.
Indiana’s revenues are down as tax collections continue to lag behind estimates, according to November’s state revenue report. Projections are based on analysis from December 2023 and due for an update next month.
The chief budget architect for the Indiana House of Representatives outlined property tax concerns Wednesday for the next legislative session, with a focus on school referendums and the use of excess levy appeals.
A new gubernatorial proposal from hopeful Eric Doden takes aim at property taxes for senior Hoosiers, as unveiled in his most recent ad released on Thursday.
The valuation of leased property in an Indianapolis parking garage will stand after the Indiana Tax Court upheld the Indiana Board of Tax Review’s challenged valuation.
A Bartholomew County property owner timely filed an appeal of their 2018 land assessment, but the Indiana Board of Tax Review’s order to not change the property’s assessed value should stand, the Indiana Tax Court affirmed Wednesday.
A company’s repeated efforts to notify a Madison County couple by mail that their properties had been sold at a tax sale met federal and state notice requirements, the Indiana Supreme Court affirmed Wednesday.
Senate Republicans on Thursday unveiled their two-year spending plan for the state, calling for record increases in education funding but declining to increase eligibility for Indiana’s school voucher program—a priority of House Republicans.
A House lawmaker is reviving an effort to make changes to the business personal property tax that would offer a bit of a windfall to small-business owners while reducing local government revenue.
The official start date of the 2023 tax filing season is Jan. 23, when the IRS will begin accepting and processing 2022 returns, the agency announced Thursday.
Indiana lawmakers are drawing up changes to the state’s property tax system, with high value assessments last spring pointing toward potentially high bills this year. But their approach has been cautious.
A Hendricks County convenience store has won its appeal for a lower real property assessment after the Indiana Tax Court struck down an underlying appraisal and market adjustment.
The Indiana Tax Court has reversed for a Columbus car dealership after finding that three appeals it filed regarding errors in the assessments of its property between 2016 and 2018 presented questions about the objective application of an already-determined base rate prescribed by a land order.