Bauer noncommittal on property tax caps

Indiana Democratic House Speaker Patrick Bauer isn’t predicting the fate of legislation that could lead to caps on property tax bills being amended into the constitution.

The resolution was passed in 2008, but the same exact one must pass the House and Senate this session for voters to decide the issue in the November election.

Bauer says the resolution might get a chance to advance in his chamber on Thursday. That would make it eligible for passage in the House next week. But Bauer says he hasn’t ruled anything out on the legislation.

If both chambers pass the property tax measure, voters would decide whether to put property-tax caps in the state constitution. State law now limits homeowners’ bills to 1 percent of their homes’ assessed value, with 2-percent limits for rental property and 3-percent limits on business property.

Proponents of the caps want them amended into the constitution to make it harder for future legislatures to undo.

Legislators passed the constitutional resolution in 2008, but they must pass it again for it to be eligible for a statewide vote.
 

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