Looking for more ways to Cut Taxes for Hoosiers

This year's interim study committees are set to begin soon, which means lawmakers in the Indiana General Assembly will have a chance to thoroughly review complex issues before the 2025 session begins.

During the 2024 interim, lawmakers will review topics like artificial intelligence, school absenteeism and safety, improving our roads, health care costs and more.

One study committee that will be especially critical this year is the State and Local Tax Review Task Force (SALTR), where lawmakers will conduct in-depth research on some of the most pressing issues affecting Hoosier taxpayers, especially property taxes.

The SALTR first began meeting during the 2023 interim, where lawmakers studied topics like Indiana's overall fiscal standing, reducing or eliminating the individual income-tax, the state gross retail and use tax, property taxes and more.

This year, SALTR will place a primary focus on reviewing the state's income-tax and property-tax systems to identify ways to help Hoosier taxpayers keep more money in their pockets.

Some of the topics that lawmakers will study this year during the SALTR meetings include:

• Methods to reduce or eliminate the homestead property tax;
• Decreasing or eliminating the individual income tax;
• Indiana's near-term and long-term financial outlook and fiscal position; and
• The status of pension funds managed by the state.

Cutting taxes for Hoosiers is an ongoing effort by Senate Republicans. Though there is still work to be done, we have made great progress in our efforts to cut Indiana's income tax and lower property taxes.

To view the full list of interim study committees approved to meet this year, click here. Member assignments and meeting dates will be listed on iga.in.gov as they become available.