Indiana Senate committee to vote on tax bills

AP News
Posted: Dec 07, 2009 10:14 AM

The Indiana Senate Tax and Fiscal Policy Committee plans to vote Tuesday on bills to cap property taxes and delay unemployment insurance tax increases.

The panel already has held one hearing on the measures to get a start on them before the Legislature convenes Jan. 5.

The committee will vote on a resolution that would place limits on property tax bills in the state constitution. If approved, it would be eligible for action by the full Senate when the session begins in earnest. Voters also would have to approve the caps next November.

The other bill would delay increases on taxes that employers pay into the unemployment insurance fund by one year to 2011. Senate Republicans say tax increases on employers in the current economy would lead to layoffs.