FOR IMMEDIATE RELEASE
Alting: Property tax survey results are tallied
(STATEHOUSE)- Results of this year’s legislative survey show a majority of Hoosiers in Senate District 22 support alternative revenue sources to fund local government and reduced government spending to help solve the state’s property tax crisis. Sen. Ron Alting (R-Lafayette) announced results from his district-wide survey today, which focused on proposed legislation aimed at resolving the property tax issue.
Of more than 1,560 local respondents to the survey, Alting’s results show a majority – 65 percent – support a bill similar to that proposed by Gov. Mitch Daniels that would permanently cap property taxes on a home’s value.
Earlier this week, a Senate panel passed an amended version of Gov. Mitch Daniels’ property tax reform package offering $600 million in new relief. The Senate’s version of House Bill 1001 includes a one percent property tax cap on owner-occupied homes, a two percent cap on other residential properties and agricultural land and three percent cap on businesses.
More than 65 percent of Alting’s survey respondents supported a measure shifting remaining school operating costs and child welfare costs from property taxes to the state budget. The Senate version of HB 1001 proposes to do just that. Under the Senate version, the state would pay $1 billion of local costs including school and child welfare from state revenues other than property taxes, resulting in $1 billion in additional property tax relief.
Additional survey results show:
- A majority of respondents favor increasing sales taxes by up to one percent and local option income taxes by an average of 0.6 percent to 0.7 percent to permanently cut property taxes on owner-occupied homes by a statewide average of 50 percent.
- Twenty-four percent preferred another plan increasing sales taxes from six percent to seven percent to permanently cut property taxes on owner-occupied homes by a statewide average of 38 percent.
- Using an increase in sales taxes from six percent to 13.2 percent to completely eliminate property taxes was favored by only seven percent, while only four percent preferred using an increase in income taxes from 3.4 percent to nine percent.
Sen. Alting represents Senate District 22, which includes a portion of Tippecanoe County.
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