IN HB1247 | 2017 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 10 2017 - 25% progression, died in committee
Action: 2017-01-10 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 10 2017 - 25% progression, died in committee
Action: 2017-01-10 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Property tax replacement fee. Permits a county council or a local income tax adopting body to establish an annual property tax replacement fee on any parcel receiving assessed value deductions or property tax credits that reduce the annual property tax liability on the parcel to less than the fee amount set by the county. Provides that the fee must be at least $100 and not more than $400. Specifies that the property taxes paid on the parcel are a credit against the fee. Changes the county option amount from $25 to $100 for requiring the payment of property taxes and
Title
Property tax replacement fee. Permits a county council or a local income tax adopting body to establish an annual property tax replacement fee on any parcel receiving assessed value deductions or property tax credits that reduce the annual property tax liability on the parcel to less than the fee amount set by the county. Provides that the fee must be at least $100 and not more than $400. Specifies that the property taxes paid on the parcel are a credit against the fee. Changes the county option amount from $25 to $100 for requiring the payment of property taxes and
Sponsors
History
Date | Chamber | Action |
---|---|---|
2017-01-10 | House | First reading: referred to Committee on Ways and Means |
2017-01-10 | House | Coauthored by Representatives DeLaney, Leonard and Errington |
2017-01-10 | House | Authored by Representative Karickhoff |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2017/bills/house/1247/details |
Text | http://iga.in.gov/static-documents/b/e/3/5/be35d70b/HB1247.01.INTR.pdf |