HB 1337 IN
Property and local income tax.
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Summary
Provides that property taxes imposed to pay debt service: (1) on certain bonds; and (2) to make lease payments on certain leases; are not considered for purposes of calculating a person's supplemental tax credit. Provides that the expenditure tax rate for a county or municipality expires on December 31, 2029, and on December 31 of every fourth calendar year thereafter (instead of every calendar year under current law).
Sponsor (1)
- Chris Campbell Democratic · author
1 coauthor / cosponsor
- Danny Lopez Republican · coauthor
Action history (3)
- Jan 6, 2026 Coauthored by Representative Lopez · lower
- Jan 6, 2026 Authored by Representative Campbell · lower
- Jan 6, 2026 First reading: referred to Committee on Ways and Means · lower
Subjects
COUNTY GOVERNMENTLOCAL GOVERNMENT; GenerallyPROPERTY; LeasesTAXES; CreditsTAXES; Local Income TaxesTAXES; Property Taxes
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