A unanimous vote was given by the Indiana Senate on a bill sponsored by State Senator Jim Arnold concerning minimizing property tax debt for LaPorte County residents.
House Bill 1261 would allow eligible LaPorte County homeowners to receive deductions in delayed property taxes for all assessment dates rather than a current assessment date.
The bill could authorize the Indiana Department of Local Government Finance to delay payments for the March 1, 2011 or Jan. 15, 2013 assessment dates. Payments could be either be made in equal installments for at least six months or in one payment at the end of six months. These claims would be specified in a tax statement.
The bill will now return to the House where the author of the bill will have the opportunity to consider changes made in the Senate.