· IN legislature · 2025

Political subdivision budgets.

Provides that, notwithstanding any growth in a political subdivision's assessed value in the previous year, a political subdivision's ad valorem property tax levy shall not exceed the ad valorem property tax levy for its last preceding annual budget, unless the fiscal body of the political subdivision adopts an affi…

Sponsor

Jim Buck (R-IN)

Introduced

2025-01-13

Policy area

Taxation

Latest action

Authored by Senators Buck and Young M