Gov. Daniels urged the legislature to pass Senate Joint Resolution 1, which would make the current statutory caps permanent.
"Permanent property tax caps are all about making good on our promises," said Rep. Borders. "There's no denying things are tight right now, and the public needs to know we're behind them 100 percent."
Property tax caps set residential property taxes at 1 percent of the property's value, while farmland is capped at 2 percent and commercial property taxes are set at 3 percent.
The Indiana Senate has passed SJR 1, but House Speaker Pat Bauer (D-South Bend) has not yet decided if the Indiana House will hear the legislation.
"SJR 1 needs to be passed now, this session," said Rep. Borders. "If we wait, we're showing the taxpayer that we don't care if they lose their home, farm or business because of out-of-control property taxes.
"I firmly believe this may be the only opportunity we ever get to pass these protective caps, and Pat Bauer and his high-tax buddies are killing it."
The rally was held by the Hoosier Property Tax Alliance, which is composed of citizens and corporations who encourage property tax reform that that preserves and grows Indiana's economy, helps homeowners and is permanent. The group is also concerned with fairness and government accountability in property tax policy.
To drive home the point that property tax caps need to be considered now, House Republican Leader Brian Bosma (R-Indianapolis) has installed countdown clocks in his office and outside the House of Representatives chamber. The clocks count down the days, hours, minutes and seconds left until it's too late to pass SJR 1 in the 2009 session.