Rep. Borror Disappointed that Property Tax Caps Not Considered in House

Wednesday, January 30, 2008 7:00 pm

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

(STATEHOUSE) Jan. 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.

"House Democrats did a great disservice to Hoosier taxpayers last night when they declined to hear HJR 1," said Rep. Borror. "I have traveled the state and heard hours of public testimony regarding what Hoosiers want and how they think the property tax crisis should be solved. I heard overwhelming testimony demanding that, no matter what the solution is, that it should be permanent. Amending the Constitution is a simple way to give Hoosiers what they want, and to prevent a crisis like this from reoccurring." 

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.