TheIndyChannel.com

ticketnetwork
Indiana News
E-Mail News Alerts
Get breaking news and daily headlines.
Browse all e-mail newsletters
Related To Story

Lawmakers Grapple With Property Tax Anger

Legislators Discuss Merits Of Tax Rebate Checks, Credits

POSTED: 11:22 am EDT July 30, 2007
UPDATED: 12:34 pm EDT July 30, 2007

Indiana's property tax crisis is front and center again Monday at the Statehouse, as lawmakers grapple with ways to stem public outrage over tax bills.

A special legislative panel is looking at whether homes and other property were assessed fairly and whether the controversial rebate checks are a good idea, 6News' Norman Cox reported.


Capitol WatchBlog: Property Tax Crisis Analysis

Last week, homeowners and other property owners had their chance to complain to the legislature's Tax and Finance Policy Commission. Now, the same body is hearing from experts about how to fix the problem.

Much of the complaining about the recent reassessment deals with trending, the new method of updating home prices based on recent sales.

Several county assessors told lawmakers Monday that they did their jobs right. But others called the new system too complicated and too confusing.

One legislator, whose main job is as a property taxpayer advocate, questioned the system's fairness.

"Fair is in the eye of the beholder, and if you're looking at an assessment that has increased dramatically, how can that be fair?" said Rep. Milo Smith, a Republican from Columbus. "The Legislature already has a circuit breaker in place. We just need to tweak that circuit breaker a little bit and say that no one could pay more than 10 percent of what they paid last year."

  SURVEY
How would you prefer to receive your property tax refund?
Also: Sound Off In Our Forum

Those rebate checks were pounded, too. Marion County Auditor Billie Breaux said it would cost nearly $140,000 to process and mail the checks and said it would be cheaper and faster just to give the money as a credit on fall bills.

"Property taxpayers are frustrated when they hear that they will be getting a tax break, yet they must pay both installments in their property taxes upfront before receiving a check," Breaux said.

Until Monday, the rebate check idea was most closely tied with Democratic House Speaker Pat Bauer, but Sen. Bob Meeks, one of the Legislature's top Republicans, defended them, too.

Meeks said the plan was a way to ensure that taxpayers know the Legislature is providing tax relief. He also said budget makers were not certain that money from the new slots and tracks fees, which is financing the refund, would be in before the November tax deadline.


Links We Like
Sponsored Content
Don’t ruin your chances of landing that new job by making easy to correct mistakes on your cover letter. More

Don’t believe everything people tell you about home improvement. Check out the top 4 myths and stop throwing away your money. More

The signs of Cancer can sometimes be very subtle. Here's a guide to help you recognize them early. More

Living well with type-1 or type-2 diabetes can be easier than you might think. Use our diabetes resource guide. More

Sponsored Links