Comments: IN HB1414 | 2017 | Regular Session

Bill Title: Local income taxes. Expires the existing local income tax law on December 31, 2021, and adds a new local income tax law effective in 2022 and thereafter. Does the following under the new local income tax law: (1) Authorizes counties, municipalities, and school corporations to each enact a property tax relief tax rate of not more than 0.5%. Provides that in Marion County, municipalities may not enact a property tax relief rate, but the Marion County city-county council may adopt a 1% property tax relief rate. (2) Authorizes counties (other than Marion County), municipalities (other than municipalities in Marion County),

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-01-17 - First reading: referred to Committee on Ways and Means [HB1414 Detail]

Text: Latest bill text (Introduced) [PDF]

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