Constitutional Property Tax Caps Pass House, Advance To Senate

STATEHOUSE – January 12, 2010 – (RealEstateRama) — Representative Jack Lutz (R-Anderson) released the following statement today in response to the passage of HJR1, the constitutional amendment to permanently cap homeowners’ property taxes. The measure passed the House by a vote of 75 to 23.

“We have finally moved forward and taken another step in the right direction by passing HJR1 today,” said Rep. Lutz. “I am pleased with the vote today, but more importantly that we have given Hoosiers the opportunity to vote on the issue of adding permanent property tax caps to the ballot in November.”

In response to the property tax crisis that homeowners experienced in 2007, the Indiana General Assembly passed legislation in 2008 that capped homeowners’ property taxes at one percent, rental and agricultural property at two percent and business property at three percent. The bill passed with an 82-17 vote in the House and 41-6 vote in the Senate.

House Republicans pledged to add this reform to the Indiana State Constitution. In order for a new provision to be added to the state constitution, it must be passed by two separately elected General Assemblies as well as the public before it can be amended to the constitution. In the 2010 legislative session, House Republicans look forward to supporting HJR 1 and giving Hoosier voters the opportunity to decide whether permanent property tax caps should be added to the state constitution.

If the constitutional amendment to permanently cap property taxes passes both chambers of the Indiana General Assembly during the 2010 legislative session, Hoosiers will be able to vote on this issue in the November 2010 election.

Contact: Emily Landis
Phone: 317-232-9693
Email: elandis (at) iga.in (dot) gov

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