Indiana Senate passes wide-ranging property tax relief bill after heated debate

Senator Holman presented Senate Bill 1 as a package intended to provide property tax relief for Hoosiers while continuing negotiations with the governor and the House.

The measure passed the Senate on third reading with 37 ayes and 10 noes. Supporters said the bill is a starting point for tax relief; opponents worried about significant revenue losses for local governments and the absence of a state replacement mechanism for lost local revenue.

Senator Holman told colleagues, “Senate bill 1 has been a thoughtful policy based form in its current form and, admit that perhaps it is imperfect. I ask your support in senate bill 1 as we continue to work with a solution with the house of governor Braun and for the benefit of the taxpayer, such as local…