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Winners and losers to be sorted out in property tax revenue rollback

  • The Indiana General Assembly passed Senate Bill 1 on Monday to decrease property taxes and prevent future increases.
  • Real property tax relief served as a key promise, which aims for tax cuts for homeowners, farmers, and business owners.
  • This bill limits the tax amount that local agencies can collect, and it introduces new deductions for some homeowners.
  • On April 15, 2025, Governor Braun stated Hoosiers will get close to $1.5 billion in tax relief, with $1.2 billion homeowner savings.
  • After Governor Braun signed Senate Bill 1 into law, Hoosiers may save $1.3 billion, but local income tax powers could raise income taxes.
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Mike Braun got suckered into a tax-cut promise he couldn't keep

Mike Braun in three months as Indiana governor has shown he's as lost and rudderless as he ever was in the U.S. Senate.

·Indianapolis, United States
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News Service of Florida broke the news in Tallahassee, United States on Monday, April 14, 2025.
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