IN SB0110 | 2014 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2014 - 25% progression, died in committee
Action: 2014-01-08 - First Reading: Referred to Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 8 2014 - 25% progression, died in committee
Action: 2014-01-08 - First Reading: Referred to Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Provides that for purposes of calculating a municipality's property tax levy limits for a particular ensuing calendar year, the existing 15% cap on the amount of levy growth allowed because of an annexation applies regardless of whether the increase in the municipality's assessed value results from only one annexation or from more than one annexation.
Title
Property tax levies after annexation.
Sponsors
| Sen. James Buck [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-01-08 | Senate | First Reading: Referred to Tax and Fiscal Policy |
| 2014-01-08 | Senate | Authored by Senator Buck. |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2014/bills/senate/110/details |
| Text | http://iga.in.gov/static-documents/8/4/9/e/849eee48/SB0110.01.INTR.pdf |
