[r47] Statement on HB 1004 (1/12/2010)

Tuesday, January 12, 2010

Start Date: 1/12/2010 All Day
End Date: 1/12/2010

Crippling Consequences For Morgan County


STATEHOUSE- Representative Ralph M. Foley (R-Martinsville) released the following statement today in response to the passage of House Bill 1004. The measure passed the House by a vote of 82 to 13.

"I voted against HB 1004, a bill that seemingly protects against tax bill increases and large agriculture assessments, because it's going to do much more harm than good for Morgan County. The bill, according to the House Republican Ways and Means analysis, would make Morgan County the 11th hardest hit county fiscally out of 92 in Indiana. Morgan County units of government have been strong stewards of taxpayer dollars and have controlled their finances. Under the impact of HB 1004, Morgan County would be punished for its frugality. Our schools and local units of government in Morgan County have been fiscally responsible. Yet, Morgan County would lose over half a million dollars in additional revenue under this measure. Maybe it is a coincidence, but it seem as if the counties that spend the most and are the least responsible are going to benefit the most from HB 1004. The consequences of enacting this legislation must be better understood before it is passed into law. It is too important for us to wake up later with a financial crisis."