meta_pixel
Tapesearch Logo
Log in
WIBC 9AM-Noon Podcast

Senate property tax relief drops main portions of Gov. Braun’s plan

WIBC 9AM-Noon Podcast

WIBC

News

4.61.2K Ratings

🗓️ 12 February 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

There are thousands of hurting children in Indiana. They are in the child welfare system after experiencing abuse or neglected home, or they struggle in school due to life trauma or challenges. And some face mental health issues or confront racism or other inequities because of who they are. At child advocates, we serve foster children. We help children succeed in school. And we host interrupting racism for children workshops.

0:23.5

We advocate for access to justice, equity, and well-being for children.

0:27.2

Learn more.

0:27.8

Join us at child advocates.net.

0:30.1

So Senate Republicans gutted Mike Braun's property tax relief plan yesterday.

0:34.9

And that's where we begin today.

0:37.2

The new version focuses on tightening

0:40.0

referendum rules for schools limiting growth on property tax levies and introducing a first time

0:46.2

homebuyer credit however the annual 3% cap on property tax growth was removed the governor's plan

0:53.1

capped it at 2%. They also removed the

0:56.1

increased deductions for homeowners. They completely removed the rate reset. And Braun's

1:02.4

original plan would have reduced average homebuyers tax bill by 21%. But guess what? That has gone

1:10.1

bye-bye. It is the most government thing ever. They took a very good

1:14.9

streamlined moderate bill. Keep in mind, this bill was a real compromise between what people like

1:21.8

me wanted. This is not what I really wanted and the school people and the government people

1:27.3

who didn't want anything.

1:28.4

He said, we're going to target a very specific group of people. We're going to do the most amount

1:31.7

of good with the least amount of impact on anyone. No commercial was included in this. No rental

1:38.0

was included in this. Any new construction in the past four years, not included in this. The only

1:44.1

people that were going to see help,

1:45.9

and it's a lot of people, but not when you compare to the amount of actual assessed value,

1:51.6

which is how property taxes are done and governments get their money in communities,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from WIBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of WIBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.