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Senate Bill 0356


Senate Bill 0356

ARCHIVE (2011)

Latest Information

 

DIGEST OF INTRODUCED BILL


LOIT for public safety. Provides that in all counties the maximum local option income tax (LOIT) rate for public safety is 0.5%. (Under current law, the maximum rate is 0.5% for Marion County and 0.25% for all other counties.) Provides that in all counties other than Marion County, the LOIT for public safety may be imposed only if the county has also imposed any combination of the levy freeze LOIT and the property tax relief LOIT to match that part of the public safety rate that does not exceed 0.25%.
    Current Status:
     In Committee - first House
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