Amdt 1 to SJR 1 - Adjusting the Constitutional Property Tax Cap - Indiana Key Vote
Suzanne Crouch voted Yea (Amendment Vote) on this Amendment.
Timeline
- House Amendment Rejected
- Feb. 26, 2008
- Introduced
- Feb. 26, 2008
Related Legislation
Related Issues
Stage Details
Title: Adjusting the Constitutional Property Tax Cap
Vote Smart's Synopsis:
Vote to adopt an amendment to SJR 1 that limits increases in tax liability on tangible property to a maximum of one percent of the gross assessed value, as opposed to the combined household income of persons using the property as their primary place of residency.
Highlights:
- Repeals the exclusion of property taxes imposed for debt service or payments on capital leases or lease-purchase agreements from the newly adjusted cap (Sec. 2). - Excludes property taxes imposed after being approved by the voters from the new tax cap (Sec. 2). - This amendment restores the original language of the resolution that was passed by the Senate.
Title: Adjusting the Constitutional Property Tax Cap