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Indiana Lawmakers Considering Property Tax Relief
Tuesday, November 29, 2022

INDIANAPOLIS – Republican state lawmakers say they’re exploring ways to provide property tax relief to Hoosiers when they return to the Statehouse early next year.

House Speaker Todd Huston cited many Hoosiers’ rising tax bills amid climbing assessed property values as the reason they’re planning to review Indiana’s property tax system.

While officials don’t have a specific plan yet, lawmakers plan to proceed cautiously since property tax revenue goes to local governments, not the state.

Several local officials in Indiana say they have concerns and would prefer the Statehouse look at cutting other taxes.

Indiana sets statewide caps on property tax rates. Local governments can go beyond those limits, but they need approval from voters first.

Lawmakers are still in the early stages of discussing this idea, and they’re not ruling out the potential for other tax cuts as well. They’ll share a proposed plan when they return to the Statehouse in January.

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