Property taxes and other tax- and spending- related issues have been a part of Rep. Noe’s legislative agenda for some time now.  If these bills had been successful in past sessions, they might have had a positive influence on our taxation systems.  This influence might have helped us to avoid our current problems with unjust property tax increases.

Tax Increment Financing (TIF)

2007 proposed legislation

For the purposes of tax increment financing (TIF) laws, this bill would have provided that property taxes are not a part of the tax increment captured by a TIF district if certain conditions apply.  The bill would have also opened up the TIF process and made it more parallel to the process used in annexation, in terms of transparency and public input.

State Spending Caps and Appropriation Limitations

2003, 2004, 2006 proposed legislation

This bill would have limited state spending to an amount based on the change in gross Indiana nonfarm personal income. 

2005 proposed legislation

Spending Cap: This bill would have limited state spending to an amount based on the change in gross Indiana nonfarm personal income.

State Funds and Appropriations: This bill would have prohibited state spending that exceeds 99 percent of available revenue.  Also, the bill allowed certain state revenue that exceeding the spending limit to be placed in our property tax replacement fund.

2002 proposed legislation

This bill would have limited the increases in state spending to an amount based on increases in inflation and population.  Additional spending would have been authorized through the adoption of a concurrent resolution.  Also, the bill allowed certain state revenue that exceeding the spending limit to be placed in our property tax replacement fund.

Property Tax Issues

2005 proposed legislation

This bill would have allowed deferral of property taxes that:

1. exceeded a minimum required payment and
2. were imposed on a homestead that was the primary residence of someone 65 or older or a blind or disabled person. 

2004 proposed legislation

Reassessment: This bill called for a minimum number of petitioners to allow the Department of Local Government Finance to order a reassessment of real property in a township.  The bill also extended the deadline for a county to adopt an ordinance exempting inventory from property taxes. 

Marion County: This bill would have required most taxing units in Marion County to receive approval from the city-county council and the mayor before increasing the property tax rate. 

Other Taxation Issues

2005 proposed legislation

This bill would have postponed the expiration of the earned income tax credit until December of 2011.  It also called for the authorization of Marion County to increase its county option income tax rate by no more than 0.3 percent.