IN HB1396 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 18 2011 - 25% progression, died in committee
Action: 2011-01-18 - 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 18 2011 - 25% progression, died in committee
Action: 2011-01-18 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Eliminates an exception to the circuit breaker credit for property taxes imposed in Lake County or St. Joseph County to pay debt service or make lease payments for bonds or leases issued or entered into before July 1, 2008. Repeals a provision memorializing a determination made in 2008 by the general assembly that the circuit breaker limits were expected to reduce in 2010 the aggregate property tax revenue that would otherwise be collected by all units of local government and school corporations in Lake County and St. Joseph County by at least 20%.
Title
Exception to circuit breaker credit.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-18 | First reading: referred to Committee on Ways and Means | |
| 2011-01-18 | Authored by Representative Wesco |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2011&session=1&request=getBill&doctype=HB&docno=1396 |
| Text | http://www.in.gov/legislative/bills/2011/IN/IN1396.1.html |
