- Freezing property taxes for Hoosiers 65 and older who earn less than $35,000 per year and whose home is valued at less than $200,000.
- Reducing the cap for property taxes on agricultural land to 2 percent from 3 percent of assessed value.
- Doubling the renter's deduction on state income taxes to $5,000 from $2,500.
- Making referendums apply only to school projects that include recreational facilities such as stadiums and swimming pools.
- Placing the proposed homestead deduction in Daniels' plan on a sliding scale, giving less relief to owners of higher-priced homes.
- Increasing the earned income tax credit for the working poor to 9 percent from 6 percent.
The change I most dislike is the big hole Democrats carved out of the referendum requirement on school construction projects. I don't like the idea of placing the homestead deduction on a sliding scale as the value of the home increases. The bill, as amended, also freezes property taxes for some senior citizens. While the overall plan will no doubt lead to lower property taxes, at least in the short run, these types of changes to the property tax system undermine the fairness of a tax which is already unfair. On to the Senate. Let's see what happens there.