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LEGISLATIVE ROUNDUP: Business tax revision not set in stone

March 19, 2014

Editor’s note: The following is the final installment recapping the recent legislative session.

INDIANAPOLIS — What originally prompted county and city officials to join together in opposition was revised at the Statehouse after mayors, commissioners and other local government leaders pushed for answers to the governor’s proposed business tax reform.

The Business Personal Property Tax was introduced into the legislative session as an attempt to eliminate what Gov. Mike Pence called “an unnecessary tax” on business equipment and machinery.

However, local government and school corporations fought against the elimination without a clear plan to supplement the income stream.

For Whitley County, more than $1 million dollars would have been cut from area towns’, Columbia City’s, Whitley County’s and county schools’ budgets.

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