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House Bill 1669


House Bill 1669

ARCHIVE (2007)

Latest Information

 

DIGEST OF INTRODUCED BILL


School property taxes and an exemption for seniors. Authorizes a school corporation to impose a school option income tax. Eliminates the power of a school corporation to impose a property tax levy for the school corporation's general fund or a charter school after 2007. Provides a property tax credit payable from the property tax replacement fund to a homestead owner who is at least 65 years of age and whose adjusted gross income is less than $70,000. Makes related changes.
Current Status:
 In Committee - first House
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