Indiana SJR0003 proposes a constitutional amendment to allow property tax reductions for certain properties.
Indiana SJR0003 proposes an amendment to the Indiana Constitution to allow the General Assembly to enact property tax reductions for specific properties. The amendment would permit the General Assembly to reduce the property tax cap for homestead properties and set limits on property tax liability for different types of property. The changes would apply to property taxes assessed after the amendment is ratified by voters.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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