The Big Property Tax Bill Also Reforms the Local Income Tax

Update: 2025-04-23

Description

The governor signed Senate Bill 1 into law on April 15, 2025. The property tax impact of this bill has been talked about a lot. But the bill also makes big changes in the second most important local tax — the local income tax, or LIT.

Purdue ag economist, Larry DeBoer, explains.

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The Big Property Tax Bill Also Reforms the Local Income Tax

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The Big Property Tax Bill Also Reforms the Local Income Tax

Purdue Agriculture

The Big Property Tax Bill Also Reforms the Local Income Tax