Senate Passes Property Tax Cap Amendment
Submitted by Webmaster on Thu, 01/14/2010 - 10:35pm.
Today the Indiana Senate voted in favor of the constitutional amendment freezing property taxes at their current level. The vote was 35-15. The amendment must pass a second vote in the House and in the Senate. Then it will appear on the November ballot for a public vote. Rep. Sheila Klinker, who voted for the House bill, told the Exponent that “we need to watch it carefully, and I say that on behalf of the local governments and schools,” citing as an example of caps backfiring, the funding troubles in California. You can read more from the Purdue Exponent here.