HB 1437 IN
Township maximum property tax levy.
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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)
- Chris Campbell Democratic · author
Action history (2)
- Jan 21, 2025 Authored by Representative Campbell · lower
- 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
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