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Hoosiers with farmland, rental properties and vacation homes won new benefits under recent law, tax expert says.
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Senate Republicans unveil their version of Indiana's next two-year budget. House Republicans push through their property tax overhaul. And a committee scales back an anti-DEI measure.
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The most up-to-date fiscal analysis of the measure reports — compared to our current system — local governments will lose out on nearly $1.8 billion over the next three years.
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House Republicans championed $1.4 billion cuts to local income taxes, generating a now-$300 maximum homestead credit in 2026.
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Democratic lawmakers say the House GOP property tax overhaul plan is not "ready for primetime." Republican lawmakers pushed the overhaul through committee along party lines.
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Indiana House Democrats have a property tax reform proposal they say is a “happy medium” between relief for homeowners and support for local governments and schools.
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House Ways and Means Chair Rep. Jeff Thompson (R-Lizton) proposed his version of property tax reform Wednesday, a dramatic overhaul of the property tax and local income tax system.
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A House committee kicks off second-half debate on property tax reform. Legislation aims to help improve energy transmission. And a bill to create an online portal for Hoosier farmers nears the governor’s desk.
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Debate over property tax reform began in the second half of the legislative session Wednesday the same way it ended the first half – with local government leaders sounding the alarm on their budgets, while Gov. Mike Braun’s office pressed for taxpayer relief.
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Gov. Mike Braun is looking ahead to a “wrestling match” over property tax reform in the second half of the legislative session.