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HB 1498 IN

Maximum operating referendum tax.

IN · session 2023 · Assembly / House · bill

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Introduced Jan 17, 2023

Latest action (Jan 30, 2023) Representative Clere added as coauthor

Summary

Provides that, notwithstanding any increase in assessed value of property from the previous assessment date, the total amount of operating referendum tax that may be levied by a school corporation for taxes first due and payable in 2024 may not increase by more than 5% over the maximum operating referendum tax that could be levied by the school corporation in the previous year.

Sponsor (1)
2 coauthors / cosponsors
  • Robert Cherry · coauthor
  • Edward Clere Independent · coauthor

Action history (4)
  1. Jan 17, 2023 Coauthored by Representative Cherry · lower
  2. Jan 17, 2023 Authored by Representative Thompson · lower
  3. Jan 17, 2023 First reading: referred to Committee on Ways and Means · lower
  4. Jan 30, 2023 Representative Clere added as coauthor · lower
Subjects
PROPERTY TAXES, Assessments, Notices, and PenaltiesSCHOOLS, Funds and Budgets

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced House Bill (H) · Jan 17, 2023 · PDF

Full text

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