Bill Title: Property tax relief. Permits the Marion County city-county council to establish a neighborhood enhancement property tax relief program. After 2021, permits other counties, cities, and towns to establish the program. The program provides an assessed value deduction for longtime owner-occupants of homesteads having an assessed value of less than $125,000 in designated areas. Specifies various conditions for the program. Allows a local unit to include additional requirements for the program. Provides a penalty for wrongly receiving the deduction that is the same as the penalty for wrongly receiving the homestead standard deduction.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2018-01-03 - First reading: referred to Committee on Ways and Means
[HB1078 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
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| Introduced | 2018-01-03 | PDF | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
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| No bill amendments currently on file for Indiana HB1078 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Indiana HB1078 currently on file. |
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