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IN HB1138
Bill
Status
1/4/2018
Primary Sponsor
Jeff Ellington
Click for details
AI Summary
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Local income tax council becomes the county adopting body only in counties with population exceeding 140,000 that previously adopted either a county option income tax or county economic development income tax; county council serves as adopting body in all other cases.
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Highland Township in Greene County may increase its maximum permissible ad valorem property tax levy to $18,000 for property taxes first due in 2019 and thereafter, if petition submitted before August 1, 2018.
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Taylor Township in Greene County may increase its maximum permissible ad valorem property tax levy to $29,000 and its fire protection and emergency services property tax levy to $34,000 for property taxes first due in 2019 and thereafter, if petition submitted before August 1, 2018.
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Adjusted 2019 property tax levies for both townships serve as the baseline for calculating maximum permissible levies in subsequent years.
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Effective upon passage; July 1, 2018, with provisions expiring June 30, 2023.
Legislative Description
Local tax matters. Provides that the local income tax council is the county adopting body for purposes of the local income tax only if: (1) the county income tax council (under the prior law) adopted either the county option income tax or the county economic development income tax; and (2) the population of the county is more than 140,000. Specifies that in all other cases, the county adopting body is the county council. Provides that Highland Township in Greene County may increase its maximum township property tax levy for 2019 and thereafter. Provides that Taylor Township in Greene County may
Last Action
First reading: referred to Committee on Ways and Means
1/4/2018