Indiana Governor Mitch Daniels signed the states property tax relief and restructuring bill. The Governor sealed the deal Wednesday afternoon in front of a crowd of several hundred people.. Daniels called it a historic occasion and said the legislation puts taxpayers first. The bill provides additional homestead credits this year and will cap property tax bills in a vast majority of the state. The bill also increases the sales tax by 1%., to 7%, starting April 1 to help pay for the relief. Daniels also signed the pull tab legislation Wednesday. It goes into effect July 1.