(Statehouse) April 29, 2007- Late tonight, State Representative Amos Thomas (R-Brazil) completed his first legislative session. The House spent the last day of session working on the final version of the state's biennial budget. Thomas voted against the resulting budget that passed the House by a party-line vote of 51-49.
The most immediately crucial issue to be addressed before today's adjournment was property tax relief. Legislators have studied the upcoming property tax cycle and discovered that trending values, reduced replacement credits, increased local property investment, and the final stage of the inventory tax elimination will combine to negatively affect Hoosier property owners this year.
"The budget passed by the House tonight does provide temporary property tax relief," said Thomas. "Unfortunately, this measure is only a crutch instead of a long-term fix. We had an opportunity to provide meaningful property tax reform for the state of Indiana that would provide immediate property tax relief for Hoosier homeowners. Hopefully, we will be able to find a permanent solution for the property tax problem in the 2008 legislative session."
For more information, please contact State Representative Amos Thomas at the Statehouse, 200 W. Washington St., Room 401, Indianapolis, IN 46204, 1-800-382-9841, email@example.com.