IN SB0303 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 6 2016 - 25% progression, died in committee
Action: 2016-01-06 - First reading: referred to Committee on Tax & Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 6 2016 - 25% progression, died in committee
Action: 2016-01-06 - First reading: referred to Committee on Tax & Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Property tax levy appeals. Authorizes a civil taxing unit to request an increase in its maximum property tax levy for a year, if the department of local government finance finds that the growth in the civil taxing unit's assessed value in the preceding year was at least two times the percentage growth allowed for the civil taxing unit's tax levy under the assessed value growth quotient determined for the ensuing year. Provides that the civil taxing unit may increase its maximum property tax levy by a percentage equal to the percentage growth in the civil taxing unit's assessed value for
Title
Property tax levy appeals. Authorizes a civil taxing unit to request an increase in its maximum property tax levy for a year, if the department of local government finance finds that the growth in the civil taxing unit's assessed value in the preceding year was at least two times the percentage growth allowed for the civil taxing unit's tax levy under the assessed value growth quotient determined for the ensuing year. Provides that the civil taxing unit may increase its maximum property tax levy by a percentage equal to the percentage growth in the civil taxing unit's assessed value for
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-01-06 | Senate | First reading: referred to Committee on Tax & Fiscal Policy |
2016-01-06 | Senate | Authored by Senator Kenley |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2016/bills/senate/303/details |
Text | http://iga.in.gov/static-documents/d/f/e/f/dfefd5b9/SB0303.01.INTR.pdf |