(STATEHOUSE) Jan. 30, 2008 - Property tax reform in Indiana took a blow Tuesday night as House Joint Resolution 1, was not called down for a vote.
"I am disappointed House Speaker, B. Patrick Bauer (D- South Bend), did not allow the resolution to move forward," said Rep. Jeff Espich (R - Uniondale). "This resolution was a major step in the direction to a constitutional guarantee to homeowners that they would never pay more than 1 percent of their home's value in property tax. I am hopeful the bipartisan spirit continues to develop through the remainder of this session and will bring constitutional changes back to the table."
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 to 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.