Skip to main content

House panel considers personal property tax cut

January 14, 2014

INDIANAPOLIS (AP) — Members of the House Ways and Means Committee are pondering a locally controlled cut in the business personal property tax.

The House's budget and tax panel planned to meet Tuesday to consider a House Republican plan that would allow counties to decide whether to eliminate the state's tax on business equipment. Senate Republicans have crafted a different measure that would eliminate the tax for most small businesses and cut the state's corporate income tax.

Republican Gov. Mike Pence has called for a complete phase-out of the personal property tax as part of his 2014 legislative agenda. But local leaders quickly chafed at the idea, which had the potential to siphon $1 billion from their coffers.

The governor has been guarded in his comments about both the Senate and House proposals.

Columbia City soccer player Shila Tolliver signed to play soccer at Huntington University Thursday...
CHURUBUSCO — With a 5-2 win in the season opener against Woodlan and another win over Oak Hill...
HUNTINGTON — Columbia City’s boys track team opened its season with a loss at Huntington North...

 

Premium Drupal Themes by Adaptivethemes