IN HB1284 | 2018 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on January 11 2018 - 25% progression, died in committee
Action: 2018-01-22 - Representatives Thompson, Cook, Stemler added as coauthors
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Tax increment financing issues. Requires the department of local government finance (DLGF) to annually prepare a report for each taxing unit that includes a calculation of the following: (1) The total property tax levy from the assessed value in the taxing unit and the amount of loss due to the circuit breaker credits. (2) The total property tax proceeds from the assessed value that exceeds the base assessed value in all allocation areas established within the taxing unit. (3) The effect, if any, on the amount of the tax levy or proceeds and the credit for excessive property taxes under

Tracking Information

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Title

Tax increment financing issues. Requires the department of local government finance (DLGF) to annually prepare a report for each taxing unit that includes a calculation of the following: (1) The total property tax levy from the assessed value in the taxing unit and the amount of loss due to the circuit breaker credits. (2) The total property tax proceeds from the assessed value that exceeds the base assessed value in all allocation areas established within the taxing unit. (3) The effect, if any, on the amount of the tax levy or proceeds and the credit for excessive property taxes under

Sponsors


History

DateChamberAction
2018-01-22HouseRepresentatives Thompson, Cook, Stemler added as coauthors
2018-01-11HouseFirst reading: referred to Committee on Ways and Means
2018-01-11HouseAuthored by Representative Clere

Indiana State Sources


Bill Comments

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