Friday, March 2, 2012

Counties May Use Property Taxes to Maintain Highways Under SB 98

From the Northwest Indiana Times:

"Counties would be permitted to spend property tax revenue to maintain county highways under legislation headed to the governor.

The Republican-controlled Indiana Senate voted 46-1 Thursday to give final approval to Senate Bill 98. The Republican-controlled House approved it 93-1 on Tuesday.

The legislation allows counties to spend property tax or other miscellaneous general fund revenue on highway maintenance starting July 1, if Republican Gov. Mitch Daniels signs the measure into law.

Currently, property taxes can pay for county highway maintenance only in an emergency and with unanimous approval by the county council.

Maintaining county highways traditionally has been paid for by a combination of gasoline taxes, vehicle registration fees, county vehicle surtax, county wheel tax, county income tax and riverboat gaming taxes.

State Sen. Ed Charbonneau, R-Valparaiso, co-sponsored the legislation."


Read more: http://www.nwitimes.com/news/local/govt-and-politics/property-taxes-may-be-used-to-pay-for-county-highway/article_28016b9d-82e5-5a1b-ae20-236d63ace620.html#ixzz1o0MLajOH