IN HB1407 | 2024 | Regular Session

Indiana House Bill 1407 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 11 2024 - 25% progression, died in committee
Action: 2024-01-11 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Assessed value. Limits the annual increase in assessed value of real property to 5% unless ownership of the real property changes during the year or the increase results from physical changes to the real property.

Title

Assessed value.

History

Date	Chamber	Action
2024-01-11	House	First reading: referred to Committee on Ways and Means
2024-01-11	House	Authored by Representative Payne

Indiana State Sources

Type	Source
Summary	https://iga.in.gov/legislative/2024/bills/house/1407/details
Text	https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1407/HB1407.01.INTR.pdf
Supplement	https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1407/fiscal-notes/HB1407.01.INTR.FN001.pdf