INDIANAPOLIS (Indiana's NewsCenter) - In a vote late Tuesday afternoon the Indiana Senate passed a measure that would put a cap on property taxes.
By a vote of 35 to 15, the full Senate passed the property tax cap a proposal already approved by the House and the only hurdle that remains before the cap can become state law is a voter referendum that will be on the ballot in November.
The proposal will cap property taxes at one percent of a homes assessed value.
Stay up to date, subscribe to the Local & Regional RSS Feed. Click to find out about RSS.
If you see news happening, take a picture, and submit it to the "You News" section of our website.
What are your thoughts on this story? Leave us "Your 2 Cents."
What are your thoughts CLICK HERE to leave us a "QUESTION OF THE DAY” comment.
© Copyright 2014, A Granite Broadcasting Station. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.