Indiana Election 2011 | Indiana Public Broadcasting Stations

Property Tax Cap Amendment Passes

Hoosier voters approved a constitutional amendment that will make property tax limits more permanent.

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Photo: Noah Wesley (flickr)

The Property Tax Cap amendment passed.

Hoosier voters approved a constitutional amendment that will make property tax limits more permanent. The caps limit property tax bills to 1% of homes‘ assessed values, with 2% caps on farmland and rental property and 3% limits on business property.

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