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Senate property tax relief drops main portions of Gov. Braun’s plan • Indiana Capital Chronicle

Summary by Indiana Capital Chronicle
Sen. Travis Holdman, R-Markle, introduces the Senate Republican plan for property tax relief on Feb. 11, 2025. (Whitney Downard/Indiana Capital Chronicle)Senate Republicans on Tuesday backed away from the most significant parts of Gov. Mike Braun’s property tax cut proposal. Instead, their version of relief includes tightening requirements for schools to advance certain referendums, limiting how much property tax levies can grow and introducing …

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Indiana Capital ChronicleIndiana Capital Chronicle

Senate property tax relief drops main portions of Gov. Braun’s plan • Indiana Capital Chronicle

Sen. Travis Holdman, R-Markle, introduces the Senate Republican plan for property tax relief on Feb. 11, 2025. (Whitney Downard/Indiana Capital Chronicle)Senate Republicans on Tuesday backed away from the most significant parts of Gov. Mike Braun’s property tax cut proposal. Instead, their version of relief includes tightening requirements for schools to advance certain referendums, limiting how much property tax levies can grow and introducing …

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Brownfield Ag NewsBrownfield Ag News

Senate drops portions of Governor Braun's property tax relief bill  - Brownfield Ag News

Some farmers are concerned how a proposed amendment to Governor Mike Braun’s property tax relief bill could impact their operations. State representative Kendell Culp says it would provide property tax relief over a three-year period. “We currently are at an 8% capitalization rate,” he says. “The Senate is moving legislation to move it to 9%. Neither […] The post Senate drops portions of Governor Braun’s property tax relief bill  appeared first …

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wibc.comwibc.com

Senate Republicans Gut Gov. Braun's Property Tax Relief Proposal

Source: kandelfire / Getty While Senate Bill 1 was passed on Tuesday, Indiana Senate Republicans decided to drop the main portions of Gov. Mike Braun’s property tax cut proposal. Local governments expressed concern about Senate Bill 1 because they believed it would negatively impact local revenues which provide funding for basic services such as public safety. Instead, their version of property tax relief includes tightening requirements for sch…

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KPCNewsKPCNews

Senate property tax relief drops main portions of Gov. Braun’s plan

INDIANAPOLIS — Senate Republicans on Tuesday backed away from the most significant parts of Gov. Mike Braun’s property tax cut proposal.

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Indiana Capital Chronicle broke the news in on Tuesday, February 11, 2025.
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Indiana, United States

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