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Michigan City officials urge fixes to SB1 and ask state to reallocate local income tax caps
Summary
Mayors and county officials at a Michigan City forum asked the Legislature to reallocate local income tax caps and lower municipal-adoption thresholds to prevent a projected $4 million municipal revenue loss tied to Senate Bill 1.
Local leaders pressed state legislators to address the unintended local-budget impacts of last year’s Senate Bill 1 and related proposals under consideration this session.
Mayor Angie told the panel that Michigan City could lose an estimated $4 million in annual revenue under the current structure and asked for a reallocation of the local income tax caps —…
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