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HB 1437 IN

Township maximum property tax levy.

IN · session 2025 · Assembly / House · bill

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Introduced Jan 21, 2025

Latest action (Jan 21, 2025) First reading: referred to Committee on Ways and Means

Summary

Provides that a township may increase its maximum property tax levy if the township: (1) has a population of more than 10,000; or (2) experiences population growth of at least 4,000 during a 10 year period. Prescribes the maximum amount of increase in a township's maximum property tax levy. Prescribes a township's maximum property tax levy following an increase.

Sponsor (1)

Action history (2)

  1. Jan 21, 2025 Authored by Representative Campbell · lower
  2. Jan 21, 2025 First reading: referred to Committee on Ways and Means · lower
Subjects
AGENCIES; Department of Local Government Finance (DLGF)SCHOOLS; GenerallyTAXES; Property Tax AbatementsTAXES; Property Taxes

Full text

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