Constitutional Limits the Issue: Caps On Tax Levels May Become Amendment. Our View: Not Necessary to Set Them in Stone.

Summary


Few state laws have so powerful an impact on Hoosiers that they are recognized by their numerical signature by taxpayers and public officials alike. One state law that is that familiar is House Bill 1001, the state's property tax law passed in the last session of the Indiana General Assembly.

Local government officials and homeowners who closely follow taxes and spending are so engaged in the issue that their conversations routinely include someone saying "1001 this" and "1001 that."

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Extract


Constitutional Limits the Issue: Caps On Tax Levels May Become Amendment. Our View: Not Necessary to Set Them in Stone.

They all know that 1001 is the law that, among other features, will cap property taxes, bringing down to earth the tax bills for Hoosier homeowners, many who were hit...

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