Senate Enrolled Act 319
Senate Enrolled Act 319 Articles
Governor Mike Pence signed into law today a bill that addresses unreasonable increases in the state’s soil productivity factor proposed by the state’s Department of Local Government Finance.
Indiana Farm Bureau thanks Gov. Mike Pence for signing SB 319 into law today. We also thank the governor and Lt. Gov. Sue Ellspermann for making the soil productivity factor fix one of their top legislative priorities.
SEA 319 is the first legislation from the General Assembly
Wednesday, February 27 is a day to remember for both Gov. Mike Pence and Indiana Farm Bureau. The governor’s signature on SEA 319, his first bill signed into law, gives some degree of tax certainty to Hoosier farmers for another year.
Passed and signed before the halfway point of this legislative session, SEA 319 addresses the unreasonable increases in the state’s soil productivity factor proposed by the state’s Department of Local Government Finance. The soil productivity factor is one component in the complex calculation used to assess property tax.