State Rep. Randy Borror: Constitutional Property Tax Caps pass House, advance to Senate

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E-mail newsletter update from State Representative Randy Borror (84-R):

Constitutional Property Tax Caps Pass House, Advance to Senate

Representative Randy Borror (R-Fort Wayne) released the following statement today in response to the passage of HJR1, the constitutional amendment to permanently cap homeowner’s property taxes. The measure passed the House by a vote of 75 to 23.

“I am pleased to say with the passing of HJR1 on third reading that we finally have given Hoosiers the chance to vote on permanent property tax reform on the ballot come November,” said Rep. Randy Borror (R-Fort Wayne). “It has been a long and tumultuous road in getting this done for the people of Indiana, but finally it has passed out of the House and I couldn’t be happier with the outcome. I hope for a quick passage in the Senate as well.”

In response to the property tax crisis that homeowners experienced in 2007, the Indiana General Assembly passed legislation in 2008 that capped homeowner’s property taxes at one percent, rental and agricultural property at two percent and business property at three percent. The bill passed with an 82-17 vote in the House and 41-6 vote in the Senate.

House Republicans pledged to add this reform to the Indiana State Constitution. In order for a new provision to be added to the state constitution, it must be passed by two separately elected General Assemblies as well as the public before it can be amended to the constitution. In the 2010 legislative session, House Republicans look forward to supporting HJR 1 and giving Hoosier voters the opportunity to decide whether permanent property tax caps should be added to the state constitution.

If the constitutional amendment to permanently cap property taxes passes both chambers of the Indiana General Assembly during the 2010 legislative session, Hoosiers will be able to vote on this issue in the November 2010 election.

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