[r20] Rep. Dermody Frustrated that Property Tax Cap Not Considered in House (1/30/2008)

Wednesday, January 30, 2008

Start Date: 1/30/2008 All Day
End Date: 1/30/2008

Property tax reform in Indiana took a blow Tuesday night as House Democrats refused to hear House Joint Resolution 1, the bill containing constitutional property tax caps for homeowners, rental properties and businesses.

"After seeing, over this past year, the hardships that taxpayers, from young families to senior citizens, have had to experience, I am frustrated that open discussion on this aspect of property tax reform was abandoned," said Rep. Tom Dermody (R-LaPorte). "With the property tax crisis ongoing, these constitutional caps on property tax bills are absolutely necessary to debate. Shelving this measure shows a complete lack of respect for the Hoosier families who are struggling to maintain ownership of their homes."

HJR 1 would have amended the Indiana Constitution to cap property taxes for homestead properties at 1 percent, rental properties at 2 percent and commercial properties at 3 percent. House Bill 1001, the property tax reform package, passed the House last week in a 93-1 vote, and HJR 1 was set to ensure that property tax cuts remained permanent.