Property taxes

Explanation of HB 1229

Property tax elimination is the ONE solution that is needed.

Currently, our legislature is trying to come up with a property tax bill.  Governor Braun’s plan, SB1, was crushed in the Senate before heading over to the House, where it now resides.  

We need to act now to support amending (putting) HB 1229 into SB1.  This is our last chance, our “Hail Mary”, to get property tax elimination for ALL homesteads, put into law.

Please print this out, so you understand how HB 1229 works for all of us.

House Bill 1229 is THE PERFECT SOLUTION for property taxes.–it eliminates them — and more!

 

HB1229

Eliminates:  (PART)

Eliminates Property Taxes

Eliminates Assessors

Eliminates Referenda

Eliminates TIFS

 

Funding: R, not D

  Replaces, NOT Decreases Tax Revenue 

          Completely replaces all the property tax revenue) 

  Replaces, PLUS INCREASES Tax Revenue

Excess can be spent on ROADS,

  especially in Marion County

 

FUNDING:  A simple, easy to administer increase of 7% sales tax on services (currently untaxed) will generate $2B to $4B revenue, enough to REPLACE all the property tax revenue AND generate additional $MILLIONS each year!  

Here is the link to the LSA fiscal analysis:

https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1229/fiscal-notes/HB1229.01.INTR.FN001.pdf

There is NO NEED to cut services.  No Need to do more with less!

 

INDIANA STATE BENEFITS:  If this is enacted, Indiana will be a leader,in eliminating property taxes.  Businesses and voters will flood into the state, increasing revenue and population (more congressional seats).  It’s a win-win-win!

leg-process

URGENT ACTION ALERT! ELIMINATE Property Taxes