JEFFERSONVILLE, Ind. — City and county leaders in Southern Indiana have been downsizing their taxpayer-funded budgets to prepare for Senate Enrolled Act (SEA) 1.

The Indiana General Assembly passed a new tax law in April that will give millions of Hoosier property owners a break on their next tax bill. The Republican Senate majority said the bill will give every homestead an additional 10% cut on their bill, not to exceed $300.

Senate leadership also said the law will ensure that if municipalities want to raise their local income tax in the future, they will have to go to their voters for approval.

A fiscal note prepared by the non-partisan Legislative Services Agency said the law would mean $190 million less for public schools across Indiana every year, and $106 million less for citi

See Full Page