For a new governor focused on creating high-paying jobs — many linked to technology — it could seem a bit quaint if not antiquated that the first bill Indiana Gov. Mike Pence signed into law last week was one focused on farmland property taxes.
But for today’s folks down on the farm — many of whom are driving computerized tractors, planters, sprayers and combines — it was a perfect fit.
And a law they clearly favored, providing a one-year delay on new calculations for property taxes on farmland. Without it, Hoosier farmers were looking at property tax rate increases that would have averaged 25 percent and totaled $57 million.
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