February 2008 Edition

Legislative Issues Businesses Need to Know About

Taxation by Classification (1%, 2%, 3%)
SJR 1 proposes an amendment to the state constitution to limit the maximum property taxes that may be imposed on property – 1% for homesteads, 2% for rental properties and 3% for businesses.  The measure passed the Senate and now moves to the House for consideration.

This resolution effectively scraps the “uniform and equal” language in the Indiana Constitution. Instead, it authorizes the General Assembly to tax properties of equal value unequally and unfairly based on how the property is classified (used).

Moreover, it would establish a state policy that says business property should be taxed up to three times the rate of other property classifications. This drastic course of action is not necessary to provide meaningful property tax relief and could prove extremely detrimental to our economy as it would discourage capital investment.  While it’s important that any property tax solution be beneficial to homeowners, the Columbus Chamber wants to make sure that it doesn’t come at the severe detriment to the business community.

Illegal Alien Matters
SB 335 would penalize employers for hiring illegal immigrants, make it illegal to harbor an illegal immigrant (with some exceptions for health-care providers, religious organizations and family members).  Under SB 335, businesses who knowingly hire illegal immigrants three times in 10 years would lose their license to do business in Indiana.   This bill places the burden of ensuring that people can lawfully work in this country on employers rather ant the proper governmental entities who should be dealing with immigration matters.

Make sure that your voice is heard.
The Chamber of Commerce organizes Third House Sessions that provide a forum for Chamber Members to access our state representatives. Milo Smith, Sean Eberhart, Eric Koch, and Greg Walker have been invited to join us every Monday morning during this year’s legislative session to give you updates about legislation. Please come to one or all of the sessions on Monday mornings at 7:30am January 28-March 10th at City Hall. (get directions)

   

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© Copyright 2006 Columbus Area Chamber of Commerce, Inc.
A Monthly Publication of the Columbus Area Chamber of Commerce