State Sen. Scott Schneider’s (R-Indianapolis) provision to
study certain Marion County property-tax assessments received final legislative
approval and now heads to the governor’s desk for consideration.
A section of Senate Bill 517 creates a five-year pilot program
to review property-tax assessments in townships where residents have noticed
higher than normal growth in their assessed values. This program will look
specifically at Center, Wayne and Washington townships in Marion County.
“Studying
this issue will make sure artificial increases in assessments are not being used
to bypass property-tax caps, since many Hoosiers have benefited from those
caps,” Schneider said. “The pilot program will determine the fairness of the
current assessment system not just for residents in our district, but for
taxpayers across the state.”
