The Senate Committee on Tax and Fiscal Policy passed Senate Bill 1 today (2/11/25), advancing the bill to the Senate floor for consideration. The Governor's office issued the following statement.
"Governor Braun remains committed to delivering meaningful property tax reform that puts taxpayers first by providing immediate relief, capping future growth, and simplifying the process through reform and transparency. Today, the Senate Committee on Tax and Fiscal Policy has taken steps in the right direction by proposing strong caps on future bill growth, reforms to the referendum process, and targeted relief for veterans, retirees, and first-time homebuyers, but Hoosier homeowners need a solution that includes broad and immediate reductions in their tax bills.
"The Governor will carefully review the changes to his plan and looks forward to working with the House and Senate to strengthen the amended bill to include broad based and immediate property tax cuts for Hoosier homeowners who have been hit the hardest by skyrocketing home value inflation."
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