IN HB1104 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 5 2010 - 25% progression, died in committee
Action: 2010-01-05 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 5 2010 - 25% progression, died in committee
Action: 2010-01-05 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Provides that the Lake County assessed value growth quotient for determining a maximum property levy is one unless Lake County imposes a local option income tax for property tax (LOIT) relief for that calendar year. (Current law provides that Lake County's growth quotient is one unless Lake County adopts a LOIT for property tax relief at a rate of 1%.)
Title
Revised Lake County levy limit based on LOIT.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-05 | First reading: referred to Committee on Ways and Means | |
| 2010-01-05 | Authored by Representative V. Smith |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2010&session=1&request=getBill&doctype=HB&docno=1104 |
| Text | http://www.in.gov/legislative/bills/2010/IN/IN1104.1.html |
