Property Taxes & Indiana Supreme Court

[exlurker]

Chapter housing boards in Indiana may not like this news; housing boards around the country can probably empathize with the constant need to keep up to date with taxes and paperwork:

http://www.idsnews.com/news/story.ph...58&adid=campus

Excerpt from longer article (see URL above):
The Indiana Supreme court rejected a claim Thursday that three IU fraternities should be repaid $110,286 in property taxes by Monroe County. In the four to one majority ruling, the court ruled unconstitutional a "special law" passed by the Indiana General Assembly that would have allowed Pi Kappa Phi, Alpha Tau Omega and Sigma Chi to retroactively file for property tax exemptions after they failed to do so in 2000 and 2001.

[Tom Earp]

Thanks, and this may be the reason that HQs are looking for other cites to place themselves else where.

I cannot remember the bill that is being nurtured about giving breaks to GLOs for Houseing.

I am going to try to find it and voice My oppinion.

I hope others will do the same! We need it!

[33girl]

Originally Posted by Tom Earp

Thanks, and this may be the reason that HQs are looking for other cites to place themselves else where.

This is about colegiate chapter housing. The reason so many GLOs are headquartered in Indy is because of some sort of special tax break corporations get for placing their headquarters there. It's two different issues.

[Tom Earp]

While You are correct, I was told that tax breaks for GLO Nationals are becoming less.

I know of one IHQ that is looking into other areas of the country and some others may also.