Several key issues were debated during the nearly four-month session of the Indiana General Assembly . Let’s delve into some of them: TAXING MATTERS : Legislators approved speeding up individual income tax rate cuts, Initially approved a year ago. Under the new plan, the tax rate would decline in small steps from the current 3.15% to 3.05% next year. By 2027 , it would reach 2.9% , two years earlier than the scheduled timeline. However, no action was taken to address the double-digit percentage increases in property tax bills that many homeowners are experiencing due to higher sales prices pushing up property value assessments. VOUCHER ELIGIBILITY : Republicans expanded the school voucher program, making tens of thousands more students eligible for state money toward private school tuition. The family income limit for the federal free or reduced-price meals program was raised from the current 300% income eligi...
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