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Indiana high court to consider city rental registration fee
Headline Legal News |
2018/09/09 14:28
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The Indiana Supreme Court is preparing to review the constitutionality of a 2015 state law targeting the city of Hammond's rental registration revenue.
The (Northwest Indiana) Times reports that the state's high court will hear oral arguments Thursday about a law limiting housing rental registration fees to $5 per unit per year. The law exempts Bloomington and West Lafayette due to their unique rental market as college towns, but applies to Hammond, which charges rental registration fees of $80 per unit.
The state Court of Appeals struck down the law in February, concluding that lawmakers violated the constitutional ban on special laws "relating to fees or salaries" by allowing only the two college towns to charge a rental registration fee distinct from what applies across the rest of Indiana. |
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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